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06.01.2009 
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Bank of Baku
Курсы валют
 
NBA
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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Аудиторские отчеты
BANK OF BAKU
AUDITORS REPORT AND FINANCIAL STATEMENTS AT 31 DECEMBER 1998


Note 9 - Customer Accounts

1998

 

Corporate customers

-Current/settlement accounts

475,383

 

Retail customers

-Current/demand accounts

382,274

 

Total customer accounts

857,657

The Bank pays a 2% p.a. interest rate on the balances of current accounts of legal entities and real persons, which exceed USD 50,000 and 1,000 respectively. During 1998, interest was paid on AZM and USD term deposits of physical persons at the rates of 12% p.a. and 15 % p.a. respectively.

The currency analysis of customer accounts is disclosed in Note 18, and the maturity analysis is provided in Note 20.

Economic sector concentrations within customer accounts are as follows:

1998

%

 

Trade

376,949

44.0

Retail

382,274

44.6

Others

98,434

11.4

 

Total customer accounts

857,657

100.0

Note 1 Principal Activities
Note 2 Basis of Presentation
Note 3
Significant Accounting Policies
Note 4
Cash and Short-Termshort-term funds
Note 5
Loans and Advances to Banks
Note 6
Loans and Advances to Customers
Note 7
Premises and Equipment
Note 8
Deposits From Banks
Note 9
Customer Accounts
Note 10
Other Liabilities
Note 11
Share Capital
Note 12
Accumulated Deficit / Retained earnings
Note 13
Dividends
Note 14
Fees and Commission Income
Note 15
Fees and Commission Expense
Note 16
General, Administrative and Other Operating Expenses
Note 17
Taxation
Note 18
Asset and Liability Concentration
Note 19
Fair value of Financial Instruments
Note 20
Risk Management
Note 21
Commitments and Contingent Liabilities
Note 22
Reconciliation of Azeri Accounting Rules to International. Accounting Standards
Note 23 Related Party Transactions

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