Azerbaijani banks' depositary base increases by 6 percent in March
Azerbaijan, Baku, April 30, Trend N. Ismayilova /
In March Azerbaijani banks' deposit base increased by 5.7 percent by February, compared to March 2009 - at 31.8 percent, the Central Bank of Azerbaijan said.
In March individual deposits reduced by 1.1 per cent, while corporate deposits increased by 14 percent.
By the end of March the amount of individual deposits in the banks of the country amounted to 2.395 billion manat compared to 2422.8 million manat on March 1, about 1773.7 million manat on March 1, 2009.
On April 1 the volume of deposits of legal entities amounted to 2288.4 million manat compared to 2,007.6 million manat on March 1, about 1780.5 million manat by April 1, 2009.
On April 30, the official exchange rate is 0.8033 manat to $1.