OREANDA-NEWS. December 04, 2008. Recently, in the  condition of   economic crisis Azerbaijan economy has dynamically developed and has protected its two-digit economic growth speed. The foreign currency condition of the country has become better and the profit of the currency balance has reached 15 billion USA dollars, reported the press-centre of National Bank.

The National Bank implements preventive money policy measures in order neutralize foreign risk factors in an advance regime in this condition.

All these measures protect the quality of actives and the level of high liquids and create the financial stability in the bank system.

To retain the level of liquids in the  necessary limit in the bank system provide stableness of the credit activities, so it plays an important role in the protection of dynamics of economic growth in the non-oil sector.

So as the next step, the National Bank has made a decision  of decreasing account degree from  10% to 8%, and the upper limit of the percent degree from 15% to 13%.

So due to the decision of the Management Staff of the National Bank obligatory reserve norms on commitments both in foreign currency and manats of the banks have been decreased from 9% to 6%.

The National Bank will implement its preventive measures in the protection of financial stability in the bank system.