Bank Of Baku

YapıKredi Bank Azerbaijan sees sharp decline in term deposits year-on-year

YapıKredi Bank Azerbaijan sees sharp decline in term deposits year-on-year
# 04 November 2011 13:14 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of October 1, 2011, YapiKredi Bank Azerbaijan’s deposit portfolio made AZN 75.212 mln, up 6.25 from a year earlier.

Term deposits dropped 4.7 times to AZN 3.353 mln, demand deposits rose 31% to AZN 71.828 mln, population deposits increased by 1.7% to AZN 14.339 mln.

Remind that, YapiKredi Bank Azerbaijan has been in operation since 2000. It operates 8 branches, 17 ATMs and 135 POS-terminals across the country.
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