Azerbaijani Banks’ Net Interest Margin Dropped to 4.9%
OREANDA-NEWS. February 20, 2012. In a review of financial stability for 2011 the Central Bank pointed to the decrease in net interest margins of banks of Azerbaijan to the lowest level ever.
According to the Bank, last year net interest margin was 4.9% versus 5.1% in 2010, 6.9% in 2009, 7.8% in 2008 and 7.9% in 2007.
At that, in 2011 the rate of income-generating assets was 10.5% versus 14.6% in 2008 and 14.2% in 2007, and the cost of financial resources 6.9% versus 8% and 8.8% respectively.
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