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

Since the beginning of the year, volume of deposits decreased by 14%

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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