CBA Provides Banks with US746 mln to Support Liquidity
OREANDA-NEWS. On August 20, 2009 The Central Bank of Azerbaijan (CBA) summarized the current results of preventive measures to keep stability of national bank system in conditions of global crisis.
CBA reported Fineko/abc.az that in the first half of 2009, measures of CBA provided the commercial banks with AZN 600 million to support liquidity.
“Preventive measures of CBA enabled providing stability of the country’s financial and bank market,” the bank reported.
On 1st July, additional liquidity from actions of CBA made up US746.1 million.
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