Net foreign assets of Azerbaijani banks up by more than 14% 

As of May 1, the net foreign assets of Azerbaijani banks amounted to 21,284 billion manats ($12.52 billion), 0.6% more than a month earlier, 5.5% more than the beginning of the year and 14.2% more than on May 1 last year, Report informs, citing the Central Bank of Azerbaijan.

At the end of April this year, the banks' net domestic assets reached 14.354 billion manats ($8.44 billion), which is 4.4% more than a month earlier, 0.8% less than the beginning of the year and 29.2% more than a year earlier.