Azerbaijan among top countries with assets decline

According to British English-language monthly international financial affairs publication ‘The Banker’, Azerbaijan is among the top ten countries with assets decline, Report informs.

The publication reads that Azerbaijan-based banks’ assets declined by 8.82% to $4.867 billion, while this figure was $5.338 billion last year. So Azerbaijan ranked 6th.

The top three countries are Angola, Argentina and Turkey, of which assets respectively declined by 31.39%, 19.69% and 15.65%. Kazakhstan ranks 4th with the decline of 12.51%.

The last country in the list is Austria. Its assets dropped by 0.03% to $699.335 billion.