Depositary base of Azerbaijani banks ups by 3 percent in Oct.
Azerbaijan, Baku, Dec. 4 / Trend N.Ismayilova /
Depositary base of Azerbaijani banks increased by 3.4 percent in October or 14.2 percent compared to the same period in 2009, the Central Bank of Azerbaijan (CBA) said.
Based on the CBA data, as of November 1, total sum of bank deposits and deposits by legal and physical entities hit 4874,4 million manat compared to 4715,2 million manat as of October 1 and 4261,5 million manat as of early November 2009. About 2229,8 million accounted for manat and 2644,8 million manat for currency.
In October, deposits by physical entities increased by 3.2 percent and legal entities by 3.7 percent. The deposits by individual clients increased by 35.8 percent. The deposits by corporate clients were reduced by 7 percent.
The deposits of physical entities hit 2887,5 million manat for the reporting period compared to 2798,3 million manat as of early October and 2125,6 million manat as of November 1, 2009.
The deposits of legal entities totaled 1986,9 million manat compared to 1916,8 million manat and 2135,9 million manat.
The official exchange rate is 0.7998 manat to $1.