As of January 1, 2017, total foreign liabilities of Azerbaijan-based commercial banks stood at AZN 7,224,800,000, down AZN 979.7 million or 11.94% from previous year.
Central Bank of Azerbaijan said the external borrowing increased AZN 185.7 million or 2.64% in December 2016.
As of January 1, 2017, banks’ total foreign assets stood at AZN 3,442,400,000, down AZN 4,228,100,000 or 2.24 times in comparison to a year earlier. Compared to previous months, total foreign assets declined AZN 221.2 million or 1.33% in December.
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