Banks in Azerbaijan have completed in 2018 with a profit

15:15 - 28.01.2019


January 28, Fineko / abc.az. As at 31 December 2018, the total assets of the banks operating in Azerbaijan amounted to AZN 29,502.4 million, and the total liabilities amounted to AZN 25,430. 6 million. The balance capital of the sector amounted to AZN 4 071.8 million. In December 2018, assets of the banking sector decreased by 1.1% (AZN 324.8 million), liabilities - by 0.6% (AZN 149.2 million), and balance capital-by 4.1% (AZN 175.6 million).

The credit portfolio of banks grew in December by 3.7% (456,2 million manat) to 12 628,3 million manat. In General, the credit portfolio of the banking sector increased by 11.4% (AZN 1,290.7 million) in 2018.

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