Close photo mode

    Volume of bank deposits in Azerbaijan increased by 10%

    At the same time, foreign investments in Azerbaijan reduced by 14%

    Baku. 6 January. REPORT.AZ/ Total amount of deposits in banks operating in Azerbaijan as of December 1, 2014 amounted to 7086.4 mln manats, which is 10.4% more than the same period last year.

    Report informs referring to the Central Bank of Azerbaijan (CBA), the contributions of these 4 482 mln manats (63.25%) are stored in the national currency, 2 604,3 mln manats (36.75%) - in foreign currency.

    Compared to the same period last year the volume of deposits in manats rose by 13.3%, in foreign currency - by 5.7%, their share in the total portfolio of deposits increased and decreased, respectively, by 1.63 percentage points.

    Of cash commercial banks 6 435.6 mln manats (90.82%) accounted for the residents (citizens of Azerbaijan), 650,8 mln manats (9.18%) - the share of non-residents (foreigners).

    It is interesting that during the reporting period, the volume of bank deposits of residents increased by 13.7%, while foreign investments in Azerbaijan reduced by 14%.The share of this category of depositors' funds, respectively increased and decreased by 2.66 percentage points.

    If you find out orphographic mistake in the text, please select mistaken part of the text and press Ctrl + Enter.

    Last added

    At least one category must be selected

    All news

    Orphus sistemi