The assets of the banking sector for the year rose by almost 24%

Total assets of banks in Azerbaijan rose in June to 191.58 million or 1.1% to 18,186.26 million manat. Since the beginning of the banking assets increased by 10% and for the year - by 23.6%.

According to the Central Bank of Azerbaijan, on July 1, 2013 the amount of cash in banks amounted to 774 million manat, funds in correspondent accounts amounted to 998.3 million manat, lending financial sector - 720.2 million manat, customer lending - 12,551.7 mln AZN, investments - 1,573.8 million manats, other assets - up to 1,568.2 million manat.

 Liabilities of banks increased in the reporting month by 107.51 million or 0.7% to 15,329.35 million manats. Of these, 8,436.2 million manat were secured deposits, 5,876.3 million manat - with financial sector and 1,016.9 million manat - other liabilities.

The total capital of banks increased over the year by 633.7 million or 28.5% and in June - by 84.1 million manat, or 3 per cent to 2,856.9 million manat. - 15B -

 

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