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Central Bank of Azerbaijan increases demand to commercial banks by 9%

Foreign banks reduced commercial liabilities

Baku. 11 June. REPORT.AZ/ Central Bank of Azerbaijan (CBA) increased demand for commercial banks and as of May 1, 2015 amounted to 2 266,4 million manats. 

This is more by 177 million manats or 8.5% compared to April 1.

Growth in current year amounted to 784.1 million manats or 52.9%, Report was told in CBAR.

Net foreign assets of commercial banks increased by 669.2 million manats or 23.6% compared with April 1 and amounted to 2, 169.1 million manats.In other words, the banks reduced external liabilities.

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