Deficit Cash Turnover in First Three Quarters Amounted to 265 Million Manat

Total cash receipts to banks in January -September 2013 amounted to 28.056 billion manat, which is 20.9 % more compared to the same period last year. The largest share of the parish provided the sale of foreign currency - 29.5%. The share of sales of goods had 19.2% of income on loans - 8.6% of income on deposit accounts - 4.9 % , revenues from ATMs - 4.9 % , revenues for notary account when buying property - 4.3% , receipts for services and work - 4.2 %, etc.

According to the Azerbaijani Central Bank, the shortage of cash turnover amounted to 265 million manat (AZN 25 million for September). Thus, the cost of cash flow for the period amounted to 28.321 billion manat. This is 16.3 % more than in 2012. Of the total expenditure, 28.4% accounted for the cost of purchasing goods and services , 25.1 % - costs related to cash collateral ATMs , 11% - the cost of buying foreign currency , 7.7% - payments on loans , 5.4 % - a notary expenses accounts for property transactions , 3.3 % - payments from deposit accounts, etc.

Cash balance for the first nine months of the year amounted to 436 million manat, which is equivalent to 1.6 % of cash receipts during that time.

The average of the daily cash receipts amounted to 103.148 million manat, and the expenses were 104.122 mln manats. - 15B -