Bank deposits of population in Azerbaijan decreased by 566 mln. AZN

Bank deposits of population in Azerbaijan decreased by 566 mln. AZN Since the beginning of the year, volume of deposits decreased by 14%
Finance
April 4, 2016 13:22
Bank deposits of population in Azerbaijan decreased by 566 mln. AZN

Baku. 4 April. REPORT.AZ/ Total volume of deposits placed in commercial banks based in Azerbaijan amounted to 8 077.3 million AZN on March 1, 2016.

Report informs referring to the Central Bank of Azerbaijan (CBA), the volume of deposits declined by 566 million AZN or 6.5% in comparison with February 1.

Notably, in comparison with January 1, household deposits declined by 987.8 million AZN or 13.9%, in the same period of 2015 to 144.6 million AZN or 1.8%.

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