Volume of foreigners' deposits in Azerbaijani banks unveiled

Volume of foreigners' deposits in Azerbaijani banks unveiled
  • Clock-gray 22:48
  • calendar-gray 29 March 2021

A volume of deposits of non-residents (individuals) in Azerbaijani banks have made up 281,9 mln manat as of March 1, 2021, and this is 2,2 times less in annual comparison, APA-Economics reports citing the information of Azerbaijan Central Bank.

This figure has decreased by 1,4% in monthly comparison. 59.6% of deposits were in foreign currency, which is 20.2 percentage points less in annual terms.

Note that a volume of deposits of the individuals in banks in Azerbaijan has made up 8 379,9 mln manat as of March 1 and this is 3,6% less in annual comparison.

Mirsaid İbrahimzade

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