BAKU / 02.10.15 / TURAN: Azerbaijan, Ukraine, Kazakhstan, and Nigeria have got to the list of countries with high risks for the banking system.
According to the report of Standard & Poor`s, in the case of Azerbaijan it is due to the fact that half of the deposits are placed in foreign currency.
“Significant risks are generated by financial and credit institutions of those countries whose companies have assets and liabilities denominated in different currencies, as well as large …….. …read more
Source: Turan News Agency
