Azerbaijani banks' net foreign assets increase 11%

Finance

26 December, 2020
07:03

Azerbaijani banks' net foreign assets increase 11%

As of December 1, the Azerbaijani banks' net foreign assets amounted to 17 billion 744.1 million manats.

According to the Central Bank of Azerbaijan, this is 11% more than on November 1, 2.7%- the beginning of the year, and 4.6%-last year.

During the reporting period, banks' net domestic assets were 9 billion 403 million manats, which is 14.2% less than in October, 18.8%-the beginning of the year, and 3.8%- a year earlier.

Author

Kanan Sadigov

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