As of December 1 of this year, the assets of the banking sector of Azerbaijan amounted to 45,490.1 million manats.
"APA-Economics" reports with reference to the Central Bank of Azerbaijan that this is 27.5% more than in 1 year.
18,468.7 million manats of banks' assets were made up of net loans given to customers.
In the last 1 year, the loan portfolio of the sector grew by 22.6%, while the share of loans in assets decreased from 42.1% to 40.6%.
During the reporting period, the liabilities of the banking sector increased by 33% to 39,970.3 million manats, including the deposit portfolio, which increased by 36.6% to 32,860.8 million manats.
Of this, 11,339.8 million manats are physical deposits, and 21,520.9 million manats are deposits of legal entities.
During the year, the funds of the population in banks increased by 29.8%, and the funds of companies in banks increased by 36%.
In the last year, the balance capital of the banking sector increased by 11.7% and amounted to 5,519 million manats.