Azerbaijan-based banks see 27% growth in term deposits

Azerbaijan-based banks see 27% growth in term deposits
# 01 June 2012 12:50 (UTC +04:00)
Besides, the growth made AZN 132 mln or 4.0% in first quarter.

51.3% of term deposits are in manat, while this index was 41.1% in 2011’s April. It was 51% in the beginning of 2012. So, manat deposits exceeded foreign currency deposits. This was caused by strengthening of manat against USD by 1.4%.
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