Bank Of Baku

Bank deposits increase 23%

Bank deposits increase 23%
# 27 November 2014 14:56 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. As of November 1, 2014 the deposits in Azerbaijan-based credit organizations made AZN 14,826.7 mln, up AZN 2,784.4 mln or 23.12% compared to a year earlier. Compared to September, the deposits rose AZN 295.2 mln or 2.03% in October,.

 

AZN 7,005.4 mln or 47.25% of deposits was household savings. The savings soared AZN 702 mln. or 11.14% year-on-year.

 

At the same time, legal entities’ deposits stood at AZN 7,821.3 mln, up AZN 2,082.5 mln or 36.2% from a year ago.

 

In legal entities’ deposits, AZN 4,088.1 mln or 52.27% belonged financial organizations, AZN 3,733.2 mln or 47.73% - to non-financial organizations. 

 

7,485.1 mln of deposits are in manat, 7,341.5 mln in foreign currency.

 

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