Azerbaijan's banks reduce liquid assets by more than 10%

As of the end of June 2024 the Azerbaijani banks had liquid assets worth AZN 12.5 billion.This is stated in the semi-annual Financial Stability Report published by the Central Bank of Azerbaijan. According to the document, this is down by 11% from the end of June 2023. It ought to be noted that 38% of banks' liquid assets are concentrated in securities. This is down by 1 percentage point from a year ago. A share of funds in nostro accou...

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