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AZERBAIJANI BANKS’ NET PROFIT DROPS 2.24-FOLD

The Central Bank of Azerbaijan (CBA) has reported that over 7 months of 2010  domestic banks' overall net profit decreased 2.24-fold against the 2009 same term index and made up 28.9% of the level for 2009. CBA informs that as of 1st August 2010 before taxation Azerbaijani banks' overall net profit amounted to AZN 81.19 million versus AZN 281.09 million by 1st January 2010, AZN 156.68 million by 1st July and AZN 246.03 million by 1st January 2009.

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03.09.2010


03.09.2010


03.09.2010


03.09.2010


03.09.2010



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   Dynamics of currencies rates
    Official rates of CBA
  03.09.2010 02.09.2010
USD 0.8035 0.8035
EUR 1.0300 1.0276 0.0024 
GBP 1.2391 1.2400 0.0009 
CHF 0.7931 0.7896 0.0035 
TRY 0.5315 0.5297 0.0018 
GEL 0.4363 0.4368 0.0005 
RUB 0.0262 0.0261 0.0001 
   Financial indicators of BBVB
03.09.2010   
PeriodBakIBIDBakIBOR
AZNUSDAZNUSD
7 days5,605,3314,0614,50
30 days5,706,3013,5013,54
90 days7,678,0014,6714,93
180 days8,759,0815,5016,36
360 days9,0010,5020,0020,33






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