Azerbaijan, Baku, May 6 / Trend , N. Ismayilova/
Depositary base of Azerbaijani banks reduced 15.5 percent in March, a 14.3-percent drop from the same indicator of 2008, the Central Bank of Azerbaijan (CBA) said.
The CBA said as of April 1, total sum of bank deposits and deposits by juridical entities and individuals hit 3.091 billion manat compared to 3.657 billion manat in March 2008 and 3.606 billion manat in April 2008. About 1.436 million accounted for manat. Deposits in the national currency dropped 10.08 percent in March.
In March, deposits by individuals fell 2.2 percent and juridical entities - 28.5 percent. The growth of deposits by individual clients hit 11.7 percent and corporative clients - 34.7 percent.
As of April 1, the deposits of physical persons reduced 1.772 million manat from the previous 1.813 billion manat in March and 1.587 million manat in April 2008. Deposits of legal entities totaled 1.318 billion manat compared to 1.844 billion manat as of March 1 and 2.019 billion manat as of April 1, 2008.
On May 6, the official exchange rate is 0. 8036 manat to $1.
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