Baku, Azerbaijan, Mar. 13
By Anvar Mammadov – Trend:
Azerbaijani banks’ liabilities to the Central Bank (CBA) increased by 16.2 percent during a year, amounting to almost 6.8 billion manats as of Feb. 1, 2017, says a CBA report.
But as compared to early 2016, the liabilities decreased by 3 percent.
As of late January 2016, liabilities of commercial banks to the CBA amounted to almost 5.8 billion manats, while as of early 2017 they were nearly 7.046 billion manats.
The volume of foreign liabilities of the Central Bank remains unchanged and totals 2.2 million manats.
During the year, official international reserves of the Central Bank decreased by 1.6 percent from almost 4.39 billion manats to nearly 4.32 billion manats.
During the period, net liabilities of the CBA to the Azerbaijani government decreased by 47.5 percent and totaled nearly 3.4 billion manats.
The net liabilities of the CBA to the Azerbaijani government amounted to almost 6.5 billion manats in late January 2016.