Reason for CBA’s ending 2018 on loss revealed
Finance
- 30 April, 2019
- 06:38
Add Report.az to preferred Google sources
Stay up to date with the top news!
In 2018, the Central Bank of Azerbaijan (CBA) did not need SOFAZ transfers to ensure macroeconomic stability, Report informs citing the Bank.
In 2017 SOFAZ transfers amounted to AZN 3,949,485,000 and it ended 2018 on AZN 60.316 million in loss, in contrast to AZN 3,513,453,000 in profit by results of 2017.
Azərbaycan Mərkəzi Bankının ötən ili zərərlə başa vurmasının əsas səbəbi məlum olub
Названа причина убыточной деятельности Центробанка Азербайджана в 2018 году
Latest News
17:26
Sustainable energy supply vital for startup ecosystem formation, official says
Energy
17:07
Azerbaijan expanding use of AI for research, workforce development
ICT
16:49
Azerbaijan welcomes nomination of OSCE SecGen for UN chief post
Foreign policy
16:31
Azerbaijan's startup ecosystem value nears $600M
ICT
16:06
Spain's U-15 World Cup title won in Baku to be remembered for life, coach says
Football
15:45
New format of FIFA U-15 World Cup and Festival in Baku praised by FIFA's Arsene Wenger
Football
15:36
Khamenei orders army to implement 'immediate response without geographical limitations' to any threat
Other countries
15:12
Two Azerbaijani freestyle wrestlers reach World Championship semifinals in Astana
Individual sports
14:56
Photo
Official reception marking Azerbaijan's Victory Day held in Tashkent
Foreign policy