Banks` total assets have increased

14:02 - 31.03.2020

March 31, Fineko/abc.az. As of 29 February 2020 the total assets of the banking sector of Azerbaijan amounted to AZN 33.195 bn.

ABC.AZ informs that the figures are indicated in the Central Bank's report. According to the CBA’s report, this is by AZN 332.7 million or 1% more than at the end of January.

This shows that the banking sector completed the first 2 months of 2020 with net profit of AZN 97.9 million. For comparison, this indicator is almost 2-fold more versus Jan-Feb 2019.

By Elmir Murad

 

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