Tuesday, 02 January 2024 12:17 GMT

Azerbaijani Banks' Net Foreign Assets Rise 25.6% To $19.1 Billion


(MENAFN- AzerNews) AzerNEWS Staff Read more

The net foreign assets of Azerbaijani banks amounted to 32.4622 billion manats ($19.095 billion) as of September 1, 2026, according to the Central Bank of Azerbaijan (CBA).

CBA noted that the figure increased by 1.4% compared with August 1, 25.6% since the beginning of the year, and 20.2% year-on-year.

As of the reporting date, the banks' net domestic assets stood at 22.5157 billion manats ($13.245 billion). This represented an increase of 2.7% month-on-month and 8.4% year-on-year, while the figure was 6.2% lower than at the beginning of the year.

A total of 21 banks operate in Azerbaijan, with combined assets of 62.4759 billion manats ($36.751 billion).

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AzerNews

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