BAKU, Azerbaijan, June 25. Assets in
Azerbaijan’s banking sector totaled 59.18 billion manats ($34.8
billion) as of June 1, an increase of 2.6 billion manats ($1.5
billion), or 4.7%, from the same period a year earlier, according
to the Central Bank of Azerbaijan.
The central bank said total bank liabilities stood at 51.61
billion manats ($30.4 billion) during the reporting period, while
total capital amounted to 7.57 billion manats ($4.45 billion).
In May alone, total banking sector assets increased 3.2%, while
total liabilities rose 3.9%. Total capital, however, declined 1.2%,
according to the data.
