Average deposit rates to reduce in Azerbaijan
Azerbaijan, Baku, Jan. 12 / Trend N.Ismayilova/
Average rate on deposits in manat as of Dec.1 2009 amounted to 11.66 percent compared to 11.91 percent as of Nov.1, 11.61 percent as of Jan.1, 2009, the CBA reported
Average rate on deposits in foreign currencies amounted to 10.80 percent compared to 10.89 percent and 7.96 percent respectively.
As of Dec.1, the average rate on deposits of individuals in manat was 12.94 percent compared to 13.21 percent as of Nov.1, 12.54 percent as of the beginning of January. Average rate on deposits from individual customers in foreign currencies amounted to 12.41 percent compared to 12.59 percent and 12.43 percent respectively
As of Dec.1, the average rate on deposits of legal entities in manat was 6.75 percent compared to 7.05 percent as of Nov.1, 9.48 percent as of January 1. Average rate on deposits from corporate clients in foreign currency amounted to 5.86 percent compared to 5.81 percent and 5.4 percent respectively.
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