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Azerbaijani banks buy over $98M from CBA

24 January 2016 16:00 (UTC+04:00)
Azerbaijani banks buy over $98M from CBA

Central Bank of Azerbaijan (CBA) sold $98.217 million to 29 domestic banks through an auction on Jan. 22, the CBA said Jan. 22.

"The CBA put up for sale $ 200 million, but the total requirements of banks amounted to $98.217 million,” the statement said. “The requirements were met by 100 percent."

CBA holds auctions three times a week - on Monday, Wednesday and Friday.

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