National Bank of Azerbaijan gets 35% rise in assets

Baku. Vugar Mustafayev – APA-Economics. As of August 1, the assets of the National Bank of Azerbaijan (NBA) grew 35.16% during January-July to AZN 5 578.226 million.
The central bank said cash assets fell 3.27-fold to AZN 20.442 million and receivables from IMF declined 0.92% to AZN 218.575 million.
Besides, investment in securities rose 15.8% to AZN 385.320 million at face value, funds at non-resident banks increased 42.97% to AZN 4 753.703 million, receivables from international financial institutions went up 5.47% to AZN 88.550 million, accrued interest incomes rose o.35% to AZN 16.109million and fixed assets increased 8.19% to AZN 27.911 million.
As to liabilities, issued securities declined 47.4to AZN 132.075 million at face value, payables to IMF fell 4% to AZN 287.786 million, payables to lending institutions fell 28.11% to AZN 380.515 million and accrued interests expenses fell 2.29% to AZN 0.377 million.
Also, liabilities to the government agencies increased by 27.1% to AZN 1 034.068, the face value of banknotes and coins in circulation rose 26.76% to AZN 3 690.184 million and payables to other lending institutions increased 36.06% to AZN 7.422 million.
The central bank’s total capital declined 2.1 times to AZN 42.766 million. The authorized fund and capital reserves stood steady at AZN 10 million AZN 79.642 million.
The central bank said cash assets fell 3.27-fold to AZN 20.442 million and receivables from IMF declined 0.92% to AZN 218.575 million.
Besides, investment in securities rose 15.8% to AZN 385.320 million at face value, funds at non-resident banks increased 42.97% to AZN 4 753.703 million, receivables from international financial institutions went up 5.47% to AZN 88.550 million, accrued interest incomes rose o.35% to AZN 16.109million and fixed assets increased 8.19% to AZN 27.911 million.
As to liabilities, issued securities declined 47.4to AZN 132.075 million at face value, payables to IMF fell 4% to AZN 287.786 million, payables to lending institutions fell 28.11% to AZN 380.515 million and accrued interests expenses fell 2.29% to AZN 0.377 million.
Also, liabilities to the government agencies increased by 27.1% to AZN 1 034.068, the face value of banknotes and coins in circulation rose 26.76% to AZN 3 690.184 million and payables to other lending institutions increased 36.06% to AZN 7.422 million.
The central bank’s total capital declined 2.1 times to AZN 42.766 million. The authorized fund and capital reserves stood steady at AZN 10 million AZN 79.642 million.
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