Azerbaijani banks’ assets decreased almost by 1% for April


June 1, Fineko/ The total assets of the banking system of Azerbaijan as of 30 April 2018 amounted to AZN 27.7 bn against AZN 27.9 bn as of 1 January.

Financial Markets Supervision Chamber (FIMSA) reports that banks’ liabilities for the reporting period amounted to AZN 23.8 bn.

"The balance capital of the banking sector reached AZN 3.9 bn and retail deposits AZN 7.8 bn," FIMSA said.

In April the banks’ assets decreased by 0.9% or AZN 256 million, liabilities by 1.1% or AZN 258 million,  and capital increased by 0.04% or AZN 2 million.

There are 30 banks with 511 branches, 143 sub-branches, and 2,467 cash machines in the country. The number of bank employees is 16,503 people, and this figure increased by 0.7% or 114 people in April.



Keywords: FIMSA