BAKU, Azerbaijan, October 29. Net foreign assets of Azerbaijani banks amounted to 20.6 billion manat ($12.1 billion) as of October 1, 2023, Trend reports.
The data of the Central Bank of Azerbaijan shows that this is 2.4 percent less on a monthly basis, 17.6 percent less than at the beginning of 2023, and 7.4 percent less on an annual basis.
In addition, net domestic assets of banks amounted to 21.4 billion manat ($12.6 billion) at the end of September this year, which is 7.1 percent more on a monthly basis, 20.3 percent more than at the beginning of the year and 19.7 percent more than on an annual basis.
Total assets of banks exceeded 45.5 billion manat ($26.8 billion), total liabilities - 39.5 billion manat ($23.2 billion), and total capital - 5.5 billion manat ($3.2 billion) in Azerbaijan as of September 30, 2023.
The data of the Central Bank of Azerbaijan shows that assets, liabilities, as well as capital of the banking sector increased by 4.35, 3.27 and 11.57 percent, respectively, compared to the same period in 2022.