Baku 13° C
Azerbaijan increases manat deposit insurance rate to 15%
Finance
- 16 September, 2016
- 09:58
Baku. 16 September. REPORT.AZ/ Manat deposit insurance rate in Azerbaijani banks has been increased from 12% to 15%.
Report informs, Chairman of the Azerbaijani Banks Association, Zakir Nuriyev told reporters.
According to him, it was carried out after Central Bank of Azerbaijan (CBA) increased discount rate to 15%: 'Of course, increase of insured deposits rate will raise prices of the funds attracted by the banks, but experience shows gradual reduction in interests'.
Author
Latest News
22:54
Oil prices rise after Iran parliament speaker's post on talks
Region22:47
Azerbaijan's ambassador to Türkiye meets Russian counterpart in Ankara
Foreign policy22:32
Lebanon and Israel may enter historic negotiations
Other countries22:19
Baltic FMs reject Russian disinformation over alleged airspace access for Ukrainian drones
Other countries21:49
Netanyahu says Spain wages diplomatic war against Israel
Other countries21:32
Photo
bp to support educational initiatives in Nakhchivan
Education and science21:27
Trump: Negotiations - only reason Iranians still alive
Other countries21:11
Trump: Iran promises to give up nuclear weapons, but publicly claims otherwise
Other countries20:53