TODAY.AZ / Business

Azerbaijan invests $ 8.8 bln abroad in 2013

16 December 2013 [09:15] - TODAY.AZ
Azerbaijan invested $8.8 billion abroad in January - September 2013, according to the balance of payments of the third quarter, published on the website of the Central Bank of Azerbaijan (CBA).

This amount was generated through direct investments ($ 775 million), portfolio investments ($244.7 million) and other investments ($7.74 billion), according to the balance of payments.

Other investments include trade loans and advances ($4.38 billion), loans and advances ($91.4 million), deposits and cash ($3.27 billion).

The commitments worth $ 3.7 billion were formed in Azerbaijan in January - September 2013, of which about $1.97 billion account were for direct investments.



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