п»ї
| Exchange rates |
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rates | Buy | Sell | USD | 0.8015 | 0.801 | 0.811 | EUR | 1.1123 | 1.1 | 1.142 | RUB | 0.0275 | 0.0265 | 0.028 | GBP | 1.1597 | 1.136 | 1.184 |
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 BANK OF BAKU
AUDITORS REPORT AND FINANCIAL
STATEMENTS AT
31 DECEMBER 1997
Note 4 - Reserves for losses
The reserves for losses consist of the following as of 31
December 1997:
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Loans to Customers |
Loans to Banks |
Total Reserves |
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Reserves for losses |
63,222 |
29,931 |
93,153 |
The reserves for losses are deducted from the related asset.
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