HomeEuropean NewsAzerbaijan’s banking belongings develop stronger with strong positive aspects

Azerbaijan’s banking belongings develop stronger with strong positive aspects



Azerbaijan’s banking belongings develop stronger with strong positive aspects

Baku, Azerbaijan, November 28. As of November 1
this yr, the whole belongings of banks working in Azerbaijan
amounted to 56.3 billion manat ($33.1 billion), complete liabilities –
49.2 billion manat ($28.9 billion), and stability sheet capital – 7.2
billion manat ($4.2 billion).

The knowledge obtained by Trend from the nation’s Central Bank signifies that
the banking sector’s belongings grew by 13.4 p.c in comparison with the
identical interval final yr.

In addition, the banking sector’s complete liabilities for the
reporting interval amounted to 49.2 billion manat ($28.9 billion),
with stability sheet capital of seven.2 billion manat ($4.2 billion).




The banks’ mortgage portfolio grew by 0.4 p.c or 127.6 million
manat ($75.05 million) and amounted to 29.4 billion manat ($17.2
billion) for the reporting month. The construction of the mortgage
portfolio is as follows: I) Business loans – 53.1 p.c (15.6
billion manat ($9.1 billion)); II) Consumer loans – 31.4 p.c
(9.2 billion manat ($5.4 billion)), and III) Mortgage loans – 15.5
p.c (4.5 billion manat ($2.6 billion)).

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