The aggregate capital of the banking sector grew by 15%
Total assets of Azerbaijani banks increased in October by 311 million or 2% to 16,309.9 mln. Since the beginning of the banking assets grew by 17% and for the year to 2,806.9 million or 20.8%.
According to the Central Bank of Azerbaijan, credit investments on November 1 totaled 11,422.4 mln, an increase in the reporting period by 2.4%. Over the past year, lending to the economy grew by 20%.
Deposits in banks in October increased 133.4 million or 2.9% to 4,689.7 million manat. This indicator since the early year grew by 13.8%, and for 12 months - 27.6%.
The aggregate capital of the banking sector increased in the reported period by 63 million or 2.7% amounting to 2,360.3 million manat. During the year the figure rose by 310.4 million or 15.1%. - 15B -
Economics
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