Deficit of cash turnover reached 429 million manats
Total cash receipts to banks in January-October 2013 amounted to 31.239 billion manat, which is 19.7% more than in the corresponding period last year . The largest share was provided by the sale of foreign currency - 29.4%. The share of sales of goods was 19.2%, income on loans - 8.7% , receipts at ATMs - 4.9%, income on deposit accounts - 4.8% , revenues of notarial account when buying property - 4.4%, receipts for services and work - 4.3%, etc.
According to the Azerbaijani Central Bank , the shortage of cash turnover amounted to 429 million ( 164 million manat in October). Thus, cash expenses for the reporting period amounted to 31.668 billion manat. This is 15.9 % more than in 2012 . Of the total expenditure amounted to 28.3% the cost of purchasing goods and services, 25.3 % - the costs associated with ATM cash collateral, 11.1% - the cost of buying foreign currency, 7.8% - mortgage payments, 5.5 % - notary costs accounts for property transactions , 3.2 % - payments from deposit accounts , etc.
Cash balance on the first ten months of the year amounted to 351 million manat, which corresponds to 1.1% cash generation during this time .
The average size of the daily cash receipts amounted to 103,102 manats, and the expenses - AZN 104,516. - 15B -
Economics
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