Depositary base of Azerbaijani banks ups by 10 percent per year
Azerbaijan, Baku, Dec. 29 / Trend N.Ismayilova /
Depositary base of Azerbaijani banks reduced by 2.5 percent in November and increased by 10.3 percent as of November 2009, the Central Bank of Azerbaijan (CBA) said.
Based on the CBA data, as of late November, total sum of bank deposits and deposits by legal and physical entities hit 4751 million manat compared to 4874,4 million manat as of late October and 4308,2 million manat as of early December 2009. About 2217,9 million manat fell to manat and 2533,1 million manat to currency.
The deposits of physical entities reduced by 0.7 percent in November, the deposits of legal entities by 5.2 percent.
The deposits by individual clients increased by 27.4 percent as of November 2009. The deposits by corporate clients reduced by 8.5 percent.
The deposits of legal entities totaled 1882,6 million manat by late November compared to 1986,9 million manat by late October and 2056,5 million manat by Dec. 1, 2009.
The official exchange rate is 0.7983 manat to $1.