Deficit of cash turnover 129 million manat

Total receipts of cash to banks in January-April 2012 amounted to 9.304 billion manat, which is 33.5% compared with the corresponding period last year. The largest share of the parish provided the sale of foreign currency - 33.5%. The share of sales was 16.4%, income on loans - 8%, receipts from ATMs - 5.5%, income from services and work - 4%, revenue in the notary's account when buying a property - 4%, of income on deposit accounts - 3.5%, etc.

According to the Central Bank of Azerbaijan, lack of cash turnover was 129 million manat (61 million AZN for April). Thus, the cost of cash during the reporting period amounted to 9.434 billion manat. This is 35.7% increase from 2011. Of the total expenditure, 28.8% of the costs was ATM cash collateral, 27.2% - the cost of purchasing goods and services, 10.7% - the cost of purchasing foreign currency, 6.3% - payments on loans, 5.4 % - the cost of notary accounts for property transactions, 3.5% - payments from deposit accounts, etc.

Cash balances at the end of four months of the year amounted to 274 million manat, which corresponds to 3% of cash flow during this time.

The average size of the daily cash receipts in April stood at 76.89 million manat, and the expenses - 77.96 million manat. - 15B -