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Azerbaijani banks buy over $67M from central bank

Economy Materials 27 January 2016 14:27 (UTC +04:00)
Central Bank of Azerbaijan (CBA) sold $67.161 million to 18 domestic banks through an auction
Azerbaijani banks buy over $67M from central bank

Baku, Azerbaijan, Jan. 27

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Central Bank of Azerbaijan (CBA) sold $67.161 million to 18 domestic banks through an auction, the CBA said Jan. 27.

"The CBA put up for sale $200 million, but the total requirements of banks amounted to $67.161 million," the statement said. "The requirements were met by 100 percent."

CBA holds auctions three times a week - on Monday, Wednesday and Friday.

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