Azerbaijan posts decrease in external liabilities of banking sector

May 28, 2025 - 04:00
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Azerbaijan posts decrease in external liabilities of banking sector
In April 2025, Azerbaijan’s banking sector external liabilities decreased by 215.8 million manat ($127 million) to 2.3 billion manat ($1.35 billion), mainly due to reduced short-term deposits from non-resident legal entities. Meanwhile, the broad money supply (M2) in manats grew by 3.4 percent year-on-year, reaching 35.4 million manat ($20.8 million).