Individuals' deposit ups in Azerbaijani banks in Jan-Jun
Azerbaijan, Baku, July 28 / Trend , N.Ismayilova/
Depositary base of Azerbaijani banks decreased 3.7 percent in June, 24.2 percent in January-June and 21.9 percent in annualized pace, the Central Bank of Azerbaijan (CBA) said.
The CBA said as of July 1, total sum of bank deposits and deposits by enterprises and individuals hit 3.416 billion manat compared to 3.423 billion manat on June 1 and 4.505 billion manat on Jan. 1 2009 and 4.372 million manat in early July 2008. About 1.287 million accounted for manat and 2.128 million manat for currency.
In June, deposits by individuals increased 1.1 percent and juridical entities - 1.9 percent. The deposits by individual clients increased 1.6 percent, corporative clients reduced 28.1 percent in January-June 2009. Deposits by individuals increased by 16.4 percent, while deposits by corporative clients dropped by 45.3 percent in the annualized pace.
As of July 1, the deposits of individuals hit 1.934 million manat from the previous 1.912 billion manat on June 1 and 1.903 million manat in January and 1.661 on July 1, 2008. Deposits of legal entities totaled 1.482 billion manat in early July compared to 1.510 billion manat as of June 1 and 2.602 billion manat as of January 1 and 2.710 million manat as for July 1, 2008.
As of July 1, the deposits by individuals in national currency hit 696.6 million manat and 1.237 million manat in hard currency, by juridical entities - 590.9 million manat and 891.2 million manat in hard currency.
On July 28, the official exchange rate is 0.8041 manat to $1.
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