Baku. 10 August. REPORT.AZ/ On July 1 total deposit base of the banking sector of Azerbaijan, including deposits of non-residents and the government amounted to 18 231.6 million manats, which is by 343.7 million manats or 1.8% less than on June 1.
Report was told in
In the structure of deposits as of June 1, there was a relative increase in manat deposits, as well as an increase in demand deposits in foreign currency while the volume of term deposits declined.
Thus, on July 1 manat demand deposits rose by 3.5% - to 2 031.6 million manats.Compared with the beginning of the year manat demand deposits decreased by 702.8 million manats or 25.7%.Term deposits in manats as compared to the June 1 rose by 0.2% to 3 002.5 million manats from the beginning of the year decreased by 2 006.6 million. manats or 40%.
Demand deposits in foreign currency on July 1 this year increased by 2.6% compared with the previous month and amounted to 3,270 mln manats.Compared to January 1, this figure rose by 81.8% up to 1 471.2 million manats.Term deposits in foreign currency as of 1 July decreased by 4.8% compared with the previous month and amounted to 9 927 4 mln manats from the beginning of the year this figure rose by 67.9% or 4 016.4 million manats.
In banking sector of Azerbaijani as of July 1 the share of foreign currency deposits in the structure of the total deposit portfolio amounted to 74.5% and as of June 1, the figure was 74.6% at 1 January - 47.3%.