External liabilities of Azerbaijani banks shrink by 23%

As of July 1, 2021, external liabilities of Azerbaijani banks amounted to over 1.137 billion manats ($669.18 million).

Report informs, citing the Central Bank of Azerbaijan, that this figure is 2.4% less than on June 1.

The volume of external liabilities decreased by 6.8% compared to the beginning of the year and by 22.7% compared to July 1 of last year.