Economics

SOCAR gets 25% rise in money in banks

14:29 14-06-2018

 SOCAR gets 25% rise in money in banks

SOCAR’s money in banks increased by 25% to AZN 5.217 billion, APA-Economics reports quoting consolidated financial statements for 2017.

 

Of this, AZN 4.167 billion is in USD, AZN 461 million in AZN, AZN 100 million in EUR, ANZ 213 million in TRY, AZN 129 million in CHF (Swiss franc), and AZN 135 million in other currencies. Moreover, the company has AZN 12 million in cash.  

 

As of December 31, 2017, SOCAR’s deposits in banks amounted to AZN 218 million. 



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