Bank Of Baku

The share of bank deposits in total liabilities declines in Azerbaijan

The share of bank deposits in total liabilities declines in Azerbaijan
# 27 November 2008 12:57 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of November 1, people’s deposits held by Azerbaijan-based banks (AZN 1 794 million) accounted for 21% of the bank’s total liabilities (AZN 8 531 million), said National Bank of Azerbaijan.
The share of deposits in liabilities fell 5.1% from a year ago and 4.7% from early this year.
There has been a downtrend in the share of deposits over the past two years.










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