Baku 6° C
Expert: Sharp decline in bank assets related to IBA
Finance
- 03 November, 2017
- 14:06
Baku. 3 November. REPORT.AZ/ The total assets of Azerbaijani banking sector in September decreased 3.328 billion AZN or by 11,3%.
Report informs, decline was related with transfer of external and domestic liabilities of International Bank of Azerbaijan OJSC (IBA) with amount of 3 billion AZN to the Ministry of Finance and “Aqrarkredit” non-banking credit organization (NBCO).
“Without considering this factor the banking sector gained growth”, a source in the financial market to Report.
Author
Latest News
10:10
Kazakhstan to ship 1.5M tons of oil via BTC pipeline in 2025
Energy10:04
TAP gas orders to Europe slightly decline in mid-December
Energy09:54
Photo
Karimli stresses Azerbaijan's role in interreligious and intercultural dialogue
Cultural policy09:49
ASIO examined Bondi Beach gunman Naveed Akram in 2019 for close ties to Islamic State cell
Other countries09:40
Uzbek ambassador highlights rich cultural exchange with Azerbaijan
Cultural policy09:34
CBA currency exchange rates (15.12.2025)
Finance09:17
Photo
Another group of families relocated to Horovlu village in Azerbaijan's Jabrayil
Domestic policy09:15
Photo
Uzbekistan Culture Days open in Baku
Cultural policy09:11