OREANDA-NEWS. May 26, 2010. In April 2010 Azerbaijani banks’ net international reserves (NIR) fell by 2.8% versus March and since early 2010 (against December 2009) their growth made up 10.2%.

Their overall drop for 2009 totaled 12.56% versus growth of 40.55% for 2008.

The Central Bank of Azerbaijan (CBA) informs that by 1st May 2010 NIR totaled AZN 3.89 bn versus AZN 4.003 bn by 1st April, AZN 3.547 bn by 1st March, AZN 3.668 bn by 1st February and AZN 3.529 bn by 1st January 2010.

By early 2009 CBA’s NIR made up AZN 4.036 bn. At the same time, CBA’s NIR totaled over reported period AZN 4.839 bn against AZN 4.7 bn and AZN 4.257 bn respectively, while commercial banks’ NIR - (-AZN 863.1 bn against (AZN – 620 million) and (-AZN 658.6 million).

Highest level of NIR sector was registered by 1st May 2008 (AZN 4.315 bn), when CBA’s NIR reached AZN 4.56 bn and commercial banks’ NIR (-AZN 18 million).

As of 1st May 2010 CBA had AZN 4.885 bn of overall international reserves with liabilities for AZN 46.5 versus AZN 4.749 bn with liabilities for AZN 46.8 million by 1st April and AZN 4.307 bn and AZN 50.3 million by January 2010.

By 1st May 2010 commercial banks’ overall international reserves totaled AZN 1.518 bn with liabilities for AZN 2.38 bn against AZN 1.6 bn and AZN 2.2 bn by April, AZN 1.27 bn and AZN 1.9 bn respectively by 1st January 2010.

CBA’s international assets reached their top level by the end of 2008 (AZN 5.18 bn) and commercial banks by 1st November 2008 (AZN 1.54 bn).

By 1st May 2010, banking sector’s net domestic assets (NDA) totaled AZN 4.8 bn versus AZN 4.67 bn by 1st April and AZN 4.9 bn by January 2010.

By 1st May 2010, CBA’s NDA totaled AZN 128.9 million versus AZN 214.6 million, AZN 321.3 million, AZN 154.2 million and 650.6 million respectively, while commercial banks’ NDA – AZN 5.499 bn against AZN 5.29 bn and AZN 5.28 bn.

As of 1st May 2010, exchange rate was AZN 0.8033 to the US dollar.