Bank Of Baku

Azerbaijan sees decline in bank deposits

Azerbaijan sees decline in bank deposits
# 28 December 2010 08:38 (UTC +04:00)
According to CBA, the household deposits made AZN 2 868.4 mln, non-financing organizations’ deposits stood at AZN 1 882.6 mln. The share of individuals in structure of the deposits makes 60.4%.

Non-financing organizations’ deposits decreased by 8.5%, while the annual growth of household deposits made 27.4%. At the same time, deposit of individuals went down AZN 19.1 mln or 0.7% in November, the deposit of legal entities deccreased by AZN 104.3 mln or 5.3%.
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