Azerbaijan, Baku, August 28 / Trend, N. Ismayilova /
As of Aug.1, average interest rate on deposits in manat hits 11.69 percent compared to 11.81 percent as of July 1, 11.27 percent as of Aug.1 of 2009, the Azerbaijani Central Bank said.
Average rate on deposits in foreign currency amounted to 11.02 percent compared to 10.95 percent and 9.38 percent respectively.
As of Aug. 1 the average rate on deposits of physical entities in manat hit 12.68 percent compared to 12.81 percent as of July 1, 12.53 percent as of early August 2009. Average rate on deposits of individual customers in foreign currency amounted to 12.52 percent compared to 12.54 per cent, 12.30 per cent respectively.
As of early August, te average rate on deposits of legal entities in manat hit 6.88 percent compared to 6.73 percent as of July1 and 8.26 percent as of early August 2009. Average rate on deposits of corporate clients in foreign currency amounted to 6.01 percent compared to 5.78 percent and 4.85 percent respectively.