Azerbaijan, Baku, Aug.28 / Trend N.Ismayilova /
Total assets of Azerbaijani banks as of Aug.1, 2010 amounted to 11.82 billion manat, which is 3 percent lower compared to early July, and 1.3 percent more compared to the figure in early 2010, the Central Bank of Azerbaijan said.
Banks' investments amounted to 895.2million manat, increased in August by 0.4 percent, loans given to customers - 8156.28 million manat (reducing by 2.3 percent). The volume of loans and deposits issued by the financial sector amounted to 500.34 million manat, reducing by 4.5 percent.
Funds on correspondent accounts for the period amounted to 727.67 million manat, reducing by 23.2 percent. Cash of Azerbaijani banks as of Aug. 1, 2010 amounted to 463.1 million manat, increasing by 10.1 percent.
Total liabilities of Azerbaijani banks as of Aug. 1, 2010 amounted to 9745.36 million manat, reducing by 3.7 percent in June. About 4318.81 million manat falls to deposits, and 4841.47 million manat - loans and deposits received from the financial market.
Aug. 28, official exchange rate is 0.8037 to $1.