Bank Of Baku

Azerbaijan announces average interest rate on deposits and savings

Azerbaijan announces average interest rate on deposits and savings
# 13 July 2015 13:58 (UTC +04:00)

Baku. Vusal Nabiyev - APA-Economics. Central Bank of Azerbaijan told APA-Economics that in May, the average interest rate on deposits and savings in AZN made 8.81%, in foreign currency – 8.38%.

 

In April, these figures relevantly made 8.82% and 8.31%. The interest rates on deposits in AZN declined 0.01%, in foreign currency rose 0.07%.

 

Interest rates of deposits and savings placed by the legal entities in May made 5.95% and 4.03%, by individuals – 9.66% and 9.50%.

 

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