Bank Of Baku

Bank deposits of Azerbaijani population increase by 28% year-on-year

Bank deposits of Azerbaijani population increase by 28% year-on-year
# 19 December 2012 08:37 (UTC +04:00)

 

Baku. Nijat Mustafayev – APA-Economics. As of November 1, 2012, population’s deposits in Azerbaijan-based banks rose 27.6% to AZN 4,689.7 mln.

 

The State Statistical Committee told APA-ECONOMICS that the deposits in national currency made AZN 2,704.3 mln (up 48.3%), in foreign currency – AZN 1,985.4 mln (up 7.2%). 75.9% of deposits was placed in private banks. 

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