As of October 1, 2019, the assets of Azerbaijan-based banks’ assets amounted to AZN 31,363,300,000, up 7.4% from a year earlier, Report informs citing the Financial Markets Supervisory Authority (FIMSA).
Of this, the loans issued to customers amounted to AZN 12,383,900,000. The loan portfolio extended by 20.8%.
In the reporting period, the liabilities grew by 6.3% to AZN 26,674,800,000 with the deposit portfolio risen by 9.9% to AZN 20,062,600,000. Individuals accounted for AZN 8,491,300,000, while legal entities made up AZN 11,571,300,000.
The liabilities of the banks to the