Deficit cash turnover in January- November 2013 reached 579 million

BAKU/29.01.14/TURAN : Total cash receipts to banks in January-November 2013 amounted to 34.458 billion manat, which is 18.7% more than in the corresponding period last year . Provided the largest share of the parish sale of foreign currency - 29.5% . The share of sales of goods had 19.2% of income on loans - 8.7% , receipts at ATMs - 5% income on deposit accounts - 4.7% , revenues of notarial account when buying property - 4.5%, income from fees and work - 4.2 %, etc.

According to the Azerbaijani Central Bank , the shortage of cash turnover amounted to 579 million (150 million manat in November). Thus, cash expenses for the reporting period amounted to 35.037 billion manat. This is 15.8 % more than in 2012 . Of the total expenditure amounted to 28.2% of the cost of purchasing goods and services , 25.4 % - the costs associated with cash collateral through ATMs, 11% - the cost of buying foreign currency , 7.9% - mortgage payments , 5.6% - notary expenses with accounts on property transactions , 3.1% - payments from deposit accounts , etc.

Cash balance for the first 11 months of the year amounted to 357 million manat, which corresponds to 1 % cash generation during this time.

The average size of the daily cash receipts amounted to 103,479 manats, expenses - AZN 105,217. - 15B -