Azerbaijani banks sign over 2,100 unsecured agreements on Bloomberg
Qabil Ashirov
Read moreIn the first half of this year, Azerbaijani banks executed 2,148 unsecured agreements on the Bloomberg trading system, with a total value of ₼41.4 billion (approximately $24.3 billion), Azernews reports, citing the Central Bank of Azerbaijan’s Monetary Policy Review.
The report notes that compared to the same period last year, the number of agreements rose by 54.6%, while the total value increased by 26.2%.
During the reporting period, 95% of these transactions were short-term, lasting between one and three days.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!