BAKU/24.01.14/TURAN : Liabilities of the banking system for loans borrowed from the Central Bank of Azerbaijan (CBA) , widened in November this year at 4.9 million or 0.2 percent to 3,165.4 million manat. Over the one-year period , it increased by 498.2 million or 28.7% , since the beginning of the year decreased by 127.4 million or 3.7%.
According to the CBA, in February 2013 with the centralized credits are issued at the rate of 4.75% per annum .
By the end of October , the Central Bank of centralized resources were 46.9 % of all funds raised by banks from the financial sector and 18.8 % of total liabilities of the banking system .
It is noteworthy that exactly 5 years ago, when the global financial crisis began to be felt only in the country's banking system , the share of loans amounted to just CBA 178.4 million or 2.2 % of total bank liabilities. -15B-
Economics
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