Azerbaijani banks see increase in deposits

Kanan Sadigov
Author

As of March 1, 2021, deposits in Azerbaijani banks amounted to almost 8.38 billion manats ($4.9 billion).

Report informs, citing the Central Bank of Azerbaijan, that this figure is 2.2% more than on February 1.

The volume of deposits increased by 2.5% compared to the beginning of the year but showed a decrease of 3.6% on annual basis.

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