BAKU, Azerbaijan, March 18. Azerbaijan's net financial assets in portfolio investments increased 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 the country's portfolio investment assets grew primarily due to the state sector ($60.8 million), securities backed by equity participation ($79.7 million), and banks ($719.4 million), contributing to the overall increase. However, assets in other sectors saw a decline of $159.5 million.
Liabilities decreased mainly due to reductions in the state sector ($875.0 million), securities backed by equity participation ($12.7 million), banks ($49.0 million), and other sectors ($24.2 million).