Eurozone debt crisis not to affect Azerbaijan

Current debt crisis in Eurozone will not negatively affect Azerbaijani banks, deputy chairman of CBA Khagani Abdullayev said.

To him, at present, total debts of Azerbaijani banks make $2 bn, which part from Europe is very scanty: ‘That is why, though resources are back, we have enough financial means. In general, we do not expect serious negative affect from the current crisis. Because the dependence of local banks is very low’.


/APA/