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Deposits by legal entities decline in Azerbaijan

Deposits by legal entities decline in Azerbaijan

25 May 2009 16:23 (UTC +04:00)

Baku. Vahab Rzayev â€“ APA-Economics. Deposits declined by 13% year-on-year and 26.3% during January-April to AZN 3 205.3 million, said he Central Bank of Azerbaijan.

According to statistics as of May 1, the decline was caused by only a drop in deposits by legal entities while deposits by individuals increased by 17.1% year-on-year to AZN 1 865.8 million.

(mln. manat)

	01.05.2009	01.01.2009	01.05.2009
Total deposits	3 205,3	4 348,5	3 682,4
In manat	1 435,2	1 935,3	1 695,7
In foreign currencies	1 770,1	2 413,2	1 986,7
Deposits by individuals	1 865,8	1 903,7	1 593,7
In manat	691,1	1 035,6	753,7
In foreign currencies	1 174,7	868,1	840
Deposits by legal entities	1 339,5	2 444,8	2 088,7
In manat	744,1	899,7	941,9
In foreign currencies	595,4	1 545,1	1 146,8

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