Total assets of banking sector in Azerbaijan increase by 5,6%

Total assets of banking sector in Azerbaijan increase by 5,6%
  • Clock-gray 14:14
  • calendar-gray 26 November 2019

 

 As of October 31 this year, total assets of banks operating in Azerbaijan constituted AZN 31 368,2 mln, while liabilities were AZN 26 634,2 mln. Balance capital of the sector  was AZN 4 734,0 mln., APA-Economics reports citing Financial Markets Supervisory Authority.

Total assets increased by 5,6%, total liabilities 4,4%, and balance capital 13,5% in comparison to the same period of the previous year.

As of October, 44,9% of assets of the sector was loan portfolio. The loan portfolio has increased by 1,5% during the month. Total loan portfolio of banks was AZN 14 075,0 mln for the end of the month.

 

APA-Economics

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