Azerbaijan sees decline in deposits in foreign currency in July

Azerbaijan sees decline in deposits in foreign currency in July
  • Clock-gray 15:29
  • calendar-gray 08 September 2017

As of August 1, 2016, deposits placed by the population in the banks amounted to AZN 6,860,700,000, of which AZN 1.822 billion (26.55%) are in national currency, AZN 5,038,700,000 (73.45%) in foreign currency.

 

Compared to the previous year, the personal savings increased AZN 316 million or 21%. Savings in foreign currency decreased AZN 1,299,100,000 or 20.5%.

 

Along with this, manat deposits slid AZN 16.4 million or 0.89%, the deposits in foreign currency slipped AZN 30 million or 0.59% in July.

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