OREANDA-NEWS. December 1, 2011. The Central Bank of Azerbaijan ( the CBA) is ready to take a number of preventive measures on the background of world markets’ instability.

Today at the IV International banking conference in Baku Director of Research and Development Centre under the CBA Emin Huseynov has reported that in spite of possibility of inflation pressure reduction from foreign factors, inflation risks for economy are still kept and monetary policy may need tightening.

" At that rise of bank system’s deposit base was recorded this year , the population’s deposits increased by 21%, and credit portfolio- by 19%. Azerbaijan’s banking system has enough liquidity and share of liquidity assets in total number makes 18%, adequacy of bank system’s capital- 16%, share of overdue credits in overall portfolio -6,3% and covered by created provisions 2 fold"- E. Huseynov said.