CBA doubles liabilities to government agencies

As of January 1, 2025, the Central Bank of Azerbaijan (CBA)'s liabilities to government agencies amounted to roughly 7.99 billion manats ($4.7 billion), Report informs, citing the CBA.

According to the bank, this is 2.1 times more year-on-year.

In 2024, the CBA's liabilities grew by 3.9% to approximately 34.523 billion manats (just over $20.3 billion).

During the year, the bank's balance capital rose by 28.5% to 1.997 billion manats (almost $1.175 billion), while the authorized capital remained unchanged at 500 million manats (about $294.2 million).