20 Feb 2012 09:21

Azerbaijan's Central Bank prints 46% more money in 2011

BAKU. Feb 20 (Interfax) - The amount of money issued by the Central Bank of Azerbaijan totalled AZN1.865 billion in 2011, 45.65% more than in 2010, the Central Bank told Interfax.

The total cash intake at banks rose 26.4% to AZN24.988 billion in 2011, including AZN5.683 billion from legal entities, AZN2.25 billion from individuals, and AZN15.052 billion from bank operations with individuals and legal entities.

Total cash disbursements through banks increased by 26.68% to AZN26.702 billion in 2011, including AZN9.401 billion on payments to individual entrepreneurs, and AZN8.773 billion on bank operations with individuals and legal entities.