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Central Bank of Azerbaijan ramps up net claims on local banks, NBCOs

Economy Materials 7 March 2025 11:42 (UTC +04:00)
Central Bank of Azerbaijan ramps up net claims on local banks, NBCOs
Sadig Javadov
Sadig Javadov
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BAKU, Azerbaijan, March 7. The net claims of the Central Bank of Azerbaijan (CBA) on banks and non-bank credit organizations (NBCOs) amounted to 10.9 billion manat ($6.4 billion) as of February 1, 2025.

The data obtained by Trend from the CBA shows that this figure hiked by 1.4 billion manat ($820 million) or 15.2 percent in monthly terms, and by four billion manat ($2.3 billion) or 57.6 percent year on year.

The net claims of the CBA on banks and NBCOs amounted to 9.4 billion manat ($5.5 billion) as of January 1, 2025, and 6.9 billion manat ($4 billion) as of February 1, 2024.

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