Net foreign assets of Azerbaijani banks up by 20%

Finance
  • 23 October, 2021
  • 11:11
Net foreign assets of Azerbaijani banks up by 20%

As of October 1, the net foreign assets of Azerbaijani banks amounted to over 18.583 billion manats ($10.93 billion), Report informs, citing the Central Bank of Azerbaijan.

According to the bank, this figure is 3.1% more than on September 1, 0.8% more than at the beginning of the year, and 20.1% more than on October 1, 2020.

At the end of September, the net domestic assets of banks amounted to 13.628 million manats ($8.01 billion), 2.8% more than at the end of August, 26.8% more than at the beginning of the year, and 20.1% more than a year earlier.