Deposits in Azerbaijan-based banks up 20% 

Finance
  • 25 December, 2021
  • 12:23
Deposits in Azerbaijan-based banks up 20% 

The volume of deposits in Azerbaijani banks, as of December 1 this year, amounted to 26,790.9 million manats, a growth of 2.6% over November 1, Report informs referring to the Central Bank of Azerbaijan.

According to the data, this is 13.2% more than as of January 1, 2021, and 20.1% more than as of December 1 last year.
Of this, 59.4$ or 15,918.1 million manats fell to the share of non-financial institutions, up 27.7% from a year earlier.
During the reporting period, household deposits increased by 14.5% to 9,051.7 million manats, while deposits of financial institutions decreased by 5.6% to 1,821 million manats.