As of December 1, 2017, total foreign liabilities of Azerbaijan-based commercial banks stood at AZN 2,501,000,000, down AZN 4,538,100,000 or 2.8-fold from previous year.
Central Bank of Azerbaijan said the external borrowing, compared to October, decreased AZN 49,300,000 or 1.93% in November 2017.
As of December 1, 2017, banks’ total foreign assets stood at AZN 4,868,800,000, up AZN 1,400,400,000 or 40.38% in comparison to a year earlier. Compared to previous month, total foreign assets declined AZN 697,100,000 or 12.52% in November.