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Average rate on bank deposits in manat slightly increases in Azerbaijan

Azerbaijan Materials 10 September 2012 10:14 (UTC +04:00)
As of Aug. 1, the average rate on deposits in manat amounted to 10.36 percent compared to 10.33 percent as of July 1, 2012, 10.69 percent as of Aug. 1, 2011, the Azerbaijani Central Bank said today.
Average rate on bank deposits in manat slightly increases in Azerbaijan

Azerbaijan, Baku, Sept. 8 / Trend A. Hasanov /

As of Aug. 1, the average rate on deposits in manat amounted to 10.36 percent compared to 10.33 percent as of July 1, 2012, 10.69 percent as of Aug. 1, 2011, the Azerbaijani Central Bank said today.

The average rate on deposits in foreign currency was 10.77 percent compared to 10.79 percent and 11.16 percent as of Aug. 1, 2011.

As of Aug. 1, the average rate on physical entities' deposits in manat amounted to 10.67 percent, 10.77 percent as of July 1 and 11.42 percent as of early August 2011.

The average rate on individual clients' deposits in foreign currency was 10.67 percent as of Aug. 1 compared to 10.77 percent as of July 1 and 11.28 percent as of Aug. 1, 2011.

As of Aug. 1, the average rate on legal entities' deposits in manat amounted to 7.01 percent compared to 6.25 percent as of July 1, 2012 and 5.65 percent as of Aug. 1, 2011.

The average rate on corporative clients' deposits in foreign currency amounted to 4.44 percent compared to 5.11 percent and 7.46 percent as of July 1, 2012 and Aug. 1, 2011.

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