Foreign currency deposits make up 81 percent of total bank deposits

Foreign currency deposits make up 81 percent of total bank deposits
# 11 January 2017 10:29 (UTC +04:00)

As of December 1, 2016, deposits placed by the population in the banks amounted to AZN 7,605,800,000, of which AZN 1,430.5 million (18.81%) are in national currency, AZN 6,175,300,000 (81.19%) in foreign currency.

Compared to the previous year, the personal savings declined AZN 238.6 million or 14.3%. Savings in foreign currency increased AZN 754.8 million or 13.9%.

Along with this, manat deposits rose AZ 32.9 million or 2.4%, the deposits in foreign currency grew AZN 159.8 million or 2.7% in November.

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