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Average rate on deposits in manat increased in June

Business Materials 5 August 2010 11:36 (UTC +04:00)

Azerbaijan, Baku, August 5 / Trend N. Ismayilova /

The average rate on deposits in manat July 1 was 11,81 percent compared to 11,20 percent June 1, 11.45 percent July 1, 2009, the Central Bank of Azerbaijan (CBA) said.

The average rate on deposits in foreign currencies amounted to 10.95 percent compared to 10.87 percent and 11.77 percent respectively.

On July 1 the average rate on deposits of physical entities in manat hit 12.81 percent compared to 12.91 percent June 1, 12,75 percent in late July 2009. The average rate on deposits of individual customers in foreign currencies amounted to 12.54 percent compared to 12.65 percent, 12.53 percent, respectively.

In late July, the average rate on deposits of legal entities in manat hit 6.73 percent compared to 5.40 percent June 1 and 8.36 percent July 1, 2009. The average rate on deposits of corporate clients in foreign currency amounted to 5.78 percent compared to 5.97 percent and 6.19 percent respectively.

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