2017 October 10 ( Tuesday ) 17:18:16
- Population’s Deposits Decreased by 7.4%
- Overdue Loans Account for 14.7% of All Loans
- No More Arrests for Bank Debts - Akram Hasanov
- USD and EUR Rise Slightly
- Foreign currencies rates fixed by Central Bank
Baku / 10.10.17 / Turan: In January-August this year, bank deposits of the population decreased by 7.4%, the Central Bank said in a statement.
During the reporting period, the population"s deposits amounted to 6 billion 895.5 million manat.
In August taken separately, the population"s deposits increased by 34.8 million manat, or by 0.5%. ----71D
Baku / 10.10.17 / Turan: As of early September, the volume of overdue loans increased by 23.9%, reaching 1 billion 824 million manat or 14.7% of all loans, the Central Bank of Azerbaijan (CBA) said in a statement.
In general, the loan portfolio of banks and non-banking credit organizations for the first eight months of 2017 amounted to 12 billion 376.6 million manat (a decrease of 24.7%).
Banks with state share issued loans for 2 billion 426.7 million manat or 19.6% of all loans, and private banks issued 9 billion 497.6 million manat or 76.7% of all loans.
At the same time, the volume of loans issued by banks with the state share decreased by 57.8%, and the loans issued by private banks decreased by 7.1%.
In the national currency loans were issued for a total of 7 billion 222.3 million manat, and those in foreign currency were 5 billion 154.3 million manat. The volume of loans in the national currency decreased by 16.3%, while the loans in foreign currency decreased by 34%. ------71D
Baku / 10.10.17 / Turan: Azerbaijan is the only state in Europe where people can be arrested for debts to banks, the head of the company Anti-Collector, bank expert Akram Hasanov wrote on his Facebook page.
He noted that the European Court of Human Rights started communication on three complaints from Azerbaijan.
"The European Court has combined three cases into one communication: Vahid Kerimov's debt to Rabita Bank, Mubariz Bayramov's debt to Uni Bank and Mahir Abbasov, which owes money to another citizen," he said.
Hasanov said that in the complaint he pointed out violation of the first paragraph of Article 6 of the European Convention on Human Rights ("Rights to a fair trial") and Article 4 of the Protocol ("No one can be deprived of freedom for failure to fulfill obligations only under one contract").
"The court gave the government of Azerbaijan time until January 16, 2018. The government will be redirected to me and I will have to comment on the government's opinion," Hasanov said.
He stressed that in this way next year the European Court will decide on this issue.
"Given the outright violation of the law, most likely our complaint will be granted and the state will have to pay compensation for the arrest in connection with the debt. It should be noted that so far the European Court has not taken such a decision, and unfortunately in this matter we will be the first. And guilty of this are unscrupulous judges, performance officials, and representatives of banks, who pressured them," the expert wrote.
Hasanov expressed hope that at least after this, arrests for debts will be stopped.
"The most important thing is that threats of arrest due to debt will become an inglorious page in history. After the European Court of Justice has its say, it will end. There is very little left," Hasanov said. -----71D--
Baku / 10.10.17 / Turan: At the currency auction of the Central Bank on Tuesday, the US dollar rate slightly increased - from 1.7002 manat to 1.7003 manat. Commercial banks buy dollars in the range of 1.69-1.70 manat, and sell them at 1.7020-1.7050 manat.
The EUR exchange rate also slightly increased on October 10 - from 1.9953 manat to 2.0011 manat. In commercial banks, EUR can be bought at 2.0150-2.0300 manat, and sold at 1.9511-2.0030 manat. -71D-
|1 ABŞ dolları||USD||1.7002|
|1 Avstraliya dolları||AUD||1.3234|
|1 Argentina pesosu||ARS||0.0974|
|1 Belarus rublu||BYN||0.8609|
|1 Braziliya rialı||BRL||0.5333|
|1 BƏƏ dirhəmi||AED||0.4629|
|1 Cənubi Afrika randı||ZAR||0.1235|
|100 Cənubi Korea vonu||KRW||0.1494|
|1 Çexiya kronu||CZK||0.0773|
|100 Çili pesosu||CLP||0.2684|
|1 Çin yuanı||CNY||0.2577|
|1 Danimarka kronu||DKK||0.2689|
|1 Gürcü larisi||GEL||0.6872|
|1 Honq Konq dolları||HKD||0.2178|
|1 Hindistan rupisi||INR||0.0261|
|1 İngilis funt sterlinqi||GBP||2.2387|
|100 İndoneziya rupiası||IDR||0.0126|
|100 İran rialı||IRR||0.0045|
|1 İsveç kronu||SEK||0.2097|
|1 İsveçrə frankı||CHF||1.7376|
|1 İsrail şekeli||ILS||0.4845|
|1 Kanada dolları||CAD||1.3578|
|1 Küveyt dinarı||KWD||5.6251|
|1 Qazaxıstan tengəsi||KZT||0.005|
|1 Qırğız somu||KGS||0.0248|
|100 Livan funtu||LBP||0.1128|
|1 Malayziya rinqqiti||MYR||0.4026|
|1 Meksika pesosu||MXN||0.0912|
|1 Moldova leyi||MDL||0.0975|
|1 Misir funtu||EGP||0.0965|
|1 Norveç kronu||NOK||0.2135|
|100 Özbək somu||UZS||0.0211|
|1 Polşa zlotası||PLN||0.4651|
|1 Rusiya rublu||RUB||0.0292|
|1 Sinqapur dolları||SGD||1.2507|
|1 Səudiyyə Ərəbistanı rialı||SAR||0.4534|
|1 SDR (BVF-nun xüsusi borcalma hüquqları)||SDR||2.3903|
|1 Türk lirəsi||TRY||0.4608|
|1 Tayvan dolları||TWD||0.056|
|1 Tacik somonisi||TJS||0.1933|
|1 Yeni türkmən manatı||TMT||0.4858|
|1 Ukrayna qrivnası||UAH||0.0642|
|100 Yapon yeni||JPY||1.5089|
|1 Yeni Zelandiya dolları||NZD||1.2024|