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Azerbaijan sees decline in bank deposits year-on-year

Azerbaijan sees decline in bank deposits year-on-year

05 December 2011 15:08 (UTC +04:00)

AZN 3,675.0 mln or 42.2% in the structure of deposits made households deposits. The volume of deposits within last year increased by AZN 787.5 mln or 27.3%.

At the same time, as of November 1, the volume of corporate deposits amounted to AZN 5,032.8 mln. This figure rose AZN 783.7 million or 18.4%, year-on-year. AZN 2,563.4 mln or 50.9% of deposits belonged to financial organizations, AZN 2,469.4 mln or 49.1% - non-financial organizations.

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