Azerbaijan-based banks see 26% growth in assets

As of October 1, 2022, the assets of Azerbaijan-based banks amounted to 43.633 billion manats ($25.67 billion), up 26.4% from a year earlier, Report informs, citing the Central Bank of Azerbaijan (CBA).

During the reporting period, the liabilities of banks increased by 29.1% to 38,288.3 million manats ($22.52 billion), and the net worth increased by 9.7% to 5,345.1 million manats ($3.14 billion).