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Bank cash circulation 35% rises in Azerbaijan

13 November 2012 09:37 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. In January-September, 2012, receipts part of cash circulation in Azerbaijan’s banking system made AZN 23.209 bln, expenses – AZN 24.362 bln.

According to CBA, in comparison with 2011, receipts part rose 34.8% expenses – 33.7%.

So the negative balance made AZN 1.153 bln and monetary emission made AZN 1.135 bln, up 10.7% from year earlier. The share of income from financial transactions with legal entities and individuals made AZN 14.306 bln or 61.6%. Among other sources of income may be noted from the entities of AZN 4.895 bln (21.1%) and from individuals by AZN 2.318 bln (10.0%).

The share of payments on financial transactions with legal entities and individuals in the expenditure of cash circulation accounts for AZN 9.128 bln or 37.5%, while investments in ATM machines – AZN 6.380 bln or 26.2%, to share of payments to businesses and individuals engaged in entrepreneurial activity without establishing a legal entity – AZN 7.793 bln or 32.0%.