Bank Of Baku

47% of deposits placed at banks in January make household savings

47% of deposits placed at banks in January make household savings
# 05 March 2015 10:53 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. Baku. As of February 1, 2015, the deposits in Azerbaijan-based credit organizations made AZN 15,135 mln, up AZN 2,452 mln or 19.33% compared to a year earlier. In January, the deposits fell AZN 318.4 mln or 2.06%.

 

AZN 7,121.3 mln or 47.05% of deposits were household savings. The savings soared AZN 669.9 mln or 10.38% year-on-year.

 

At the same time, legal entities’ deposits stood at AZN 8,013.6 mln, up AZN 1,782 mln or 28.6% from a year ago.

 

In legal entities’ deposits, AZN 4,246.9 mln or 53% belonged financial organizations, AZN 3,766.7 mln or 47% - to non-financial organizations. 

 

 

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