Assets and liabilities of banks in Azerbaijan in November grew in proportion

Total assets of Azerbaijani banks increased in November by AZN 511.29 million or 3.1% to AZN 16,821.2 million ($ 21.4 billion). Since the beginning of the year banking assets grew by 20.6% and for the year they grew by 3,156.5 million or 23.1%.

According to the Central Bank of Azerbaijan, on December 1, 2012 the amount of cash in banks totaled 624.2 million manat, funds in correspondent accounts amounted to 1,080.5 million manat, lending financial sector - 736.4 million manat, crediting customers - 10,493.3 mln AZN, investments - 1,436.4 million manats, and other assets - up to 2,450.3 million manat.

The banks' liabilities increased in the reported period by 446.32 million or 3.2% to 14,352.87 mln. Of these, 7,428.8 million manat was provided by deposits, 4,883.3 million manat - by the financial sector and 2,040.8 million manat - by other liabilities.

The total capital of banks increased over the year by 116.1 million or 5%, and in November - by AZN 65 million, or 2.7 percent to 2,468.3 million ($ 3.1 billion). - 15B -

 

Leave a review

Economics

Чего добивается Россия в Армении, и что обещали Еревану на трехсторонней встрече в Брюсселе? - беседа с Тиграном Хзмаляном в программе "Çətin sual"



InvestPro Azerbaijan Baku & Turkiye Istanbul 2024 – two conferences in one shot


Follow us on social networks

News Line