Bank Of Baku

Population’s deposits with banks rise 32% in Azerbaijan

Population’s deposits with banks rise 32% in Azerbaijan
# 16 August 2010 12:17 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The total of deposits put with Azeri banks by Azerbaijani nationals amounted to AZN 2.562.9 million at July 1, 2010, up 32.4% from the same period last year.

The State Statistical Committee told APA-Economics that AZN 1112.5mln of the deposits were saved in national currency down 59.5% and AZN 1450.4 in foreign currencies up 17.2% compared with the same period of last year.

In March the US dollar was trading at AZN 0.80 and euro was trading at AZN 1.03 and 100 rubles at AZN 2.62.
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