BAKU, Azerbaijan, March 21. Azerbaijan’s net financial assets in portfolio investments grew by $700.4 million in 2024, while net financial liabilities decreased by $960.9 million,
Data obtained by Trend from the Central Bank of Azerbaijan indicates that during the reporting period, the increase in portfolio investment assets was mainly driven by the state sector, which contributed $60.8 million, securities guaranteeing capital participation, which added $79.7 million, and banks, which accounted for $719.4 million. However, other sectors saw a decrease of $159.5 million.
In terms of liabilities, reductions were primarily seen in the state sector, which decreased by $875.0 million, securities guaranteeing capital participation, which saw a drop of $12.7 million, banks, which reduced their liabilities by $49.0 million, and other sectors, which experienced a decline of $24.2 million.
