Requirement of Central Bank for Azerbaijan's commercial banks reaches a historical high
Finance
- 05 February, 2016
- 14:00
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 5 February. REPORT.AZ/ Requirement of the Central Bank of Azerbaijan Republic (CBAR) to commercial banks increased by 508.8 million manats or 10.38% in December 2015 and amounted to 5 410.2 million AZN. Thus, the volume of loans issued by banks has reached a historic high.
In comparison with January 2015, the CBAR's requirement on commercial banks increased by 2.65 times or 3 931.9 million AZN.
Analytical Group of Report News Agency explains the growth of requirement with the liquidity problems in the banking sector and predicts growth of this index in the coming months.
Latest News
18:42
Photo
Azerbaijan, Rwanda discuss prospects for cultural cooperation
Cultural policy
18:31
AzeriCard's new scoring product to help lenders analyze payment behavior
Finance
18:23
TURKPA chief, Turkish vice president discuss Azerbaijan–Türkiye ties
Foreign policy
18:15
Azerbaijan's financial sector lacks a single reliable data source, official says
Finance
17:53
Azerbaijan's new Chinese-built trains to mainly serve Baku–Gazakh route
Infrastructure
17:49
Baku meeting to strengthen anti-corruption cooperation, official says
Foreign policy
17:39
Adjara's culture minister proposes creating joint youth orchestra with Azerbaijan - Exclusive
Foreign policy
17:27
Cross-sector information sharing key to preventing cyberattacks, official says
ICT
17:22
Azerbaijan joins Makkah Convention on anti-corruption co-op among OIC states
Foreign policy