Central Bank of Azerbaijan told APA-Economics that the NBCOs’ total authorized capital rose AZN 10.13 mln or11.38% to AZN 99.16 mln,, number of branches increased from 224 to 240 in the same period.
Compared to 2014, the authorized capital of Credit Unions increased 31.13% or AZN 8.18 mln to AZN 34.46 mln, assets made AZN 86.39 mln, up AZN 16.74 mln or 24.03% compared to 2014.
Authorized capital of credit organizations funded by the international humanitarian organizations rose AZN 2.01 mln to AZN 52.03 mln, assets increased AZN 56.78 mln to AZN 607.43 mln, number of branches grew 16 units to 228.
Authorized capital of other NBCOs fell from AZN 12.72 mln to AZN 12.67 mln, assets ascended 105 times or AZN 3,155,056,000 to AZN 3,185,087,000. This is due to restructuration in the International Bank of Azerbaijan. The other NBCOs operate 12 branches.
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