As of September 1, 2021, the assets of Azerbaijan-based banks amounted to AZN 33,426.7 million, up 7.6% from a year earlier, Report informs citing the Central Bank of Azerbaijan (CBA).

Of this, net loans to customers stood at AZN 13,981.9 million. The loan portfolio grew by 7.8%, the share of loans in assets increased from 41.7% to 41.8%.

In the reporting period, the liabilities grew by 8.5% to AZN 28,613 million with the deposit portfolio risen by 16.2% to AZN 22,749.7 million. Individuals accounted for AZN 8,400.2 million, while legal entities made up AZN 14,439.5 million.