Bank Of Baku

Azerbaijan-based banks see 28% growth in deposits year-on-year

Azerbaijan-based banks see 28% growth in deposits year-on-year
# 12 December 2012 08:39 (UTC +04:00)

 

 

Baku. Vahab Rzayev – APA-Economics. As of November 1, 2012, Azerbaijan-based commercial banks’ deposits stood at AZN 4.690 bln, up AZN 1.015 bln or 27.6% in comparison to a year earlier. 

 

Central Bank of Azerbaijan says the deposits have increased by AZN 570 mln or 13.8% since early 2012. Besides, the deposits rose ANZ 134 mln or 2.9% in October.

 

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