Total assets of Azerbaijan's banking sector brought up to AZN 26.39 bn


January 5, Fineko/abc.az. The Financial Market Supervision Chamber of Azerbaijan (FIMSA) has published the report on the results of the banking sector for Jan-Nov 2017.

The report says that overall assets of the banking sector of Azerbaijan for the reporting period amounted to AZN 26.39 bn and liabilities AZN 23.255 bn.

"Total capital of the sector amounted to AZN 3.138 bn and retail deposits AZN 7.346 bn," the report says.

The number of branches of banks reached 547, sub-branches 142, and cash machines 2,486. The quantity of employees of the sector amounted to 16,629 people. As a result of optimization of expenditures, in November 2017 the quantity of bank officials grew by 1% or by 159 people.



Keywords: FIMSA