Assets of Azerbaijan's banking sector increase by 27%

Kanan Sadigov
Author

As of July 1, 2022, the assets of the banking sector of Azerbaijan amounted to 41.92 billion manats ($24.69 billion), 26.8% more than a year ago, Report informs, citing the Central Bank of Azerbaijan.

During the reporting period, the banking sector's liabilities increased by 30.3% and exceeded 36.77 billion manats ($1.66 billion).

The balance capital of the sector increased by 6.1% and amounted to 5.146 billion manats ($3.03 billion).

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