As of April 1, 2017, total foreign liabilities of Azerbaijan-based commercial banks stood at AZN 7,310,900,000, down AZN 124.5 million or 1.67% from previous year.
Central Bank of Azerbaijan said the external borrowing decreased AZN 200.4 million or 2.67% in March 2017.
Compared to December 2016, the external borrowing increased AZN 86.1 million or 1.19% in March.
As of April 1, 2017, banks’ total foreign assets stood at AZN 3,159,000,000, down AZN 5,968,500,000 or 2.89-fold in comparison to a year earlier. Compared to previous months, total foreign assets declined AZN 717 million or 18.5% in March.