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Some 8 percent of total deposits falls to Azerbaijani regions

Business Materials 27 September 2011 13:03

Azerbaijan, Baku, Sept. 27 / Trend , N.Ismayilova /

Population's deposits in the Azerbaijani regions (the country's regions, except Baku) amounted to 289.7 million manat or 8.2 percent of the total volume of deposits attracted by the Azerbaijani banks in January-July, the Central Bank of Azerbaijan (CBA) said today.

As of Aug. 1, the total volume of deposits in the Azerbaijani banks amounted to 3.543.6 billion manat, where the deposits in national currency hit 1.745.4 billion manat or 49.25 percent.

This figure hit 3.253.9 billion manat in Baku, where 1.532.5 billion manat account for deposits in national currency. The average interest rate on the country was 9.1 percent during the reporting period, in Baku - 9.3 percent.

The volume of deposits on Absheron economic region totaled 87.7 million manat at an average rate of 9.4 percent, Aran - 42.9 million manat at 5.2 percent, Upper Shirvan - 5.9 million manat at 7.7 percent, Ganja -Gazakh - 53.7 million manat at 8 percent, Guba-Khachmaz - 20.4 million manat at 8.2 percent, Lankaran - 22.7 million manat at 6.4 percent, Sheki-Zagatala - 24.2 million manat at 6.8 percent, Upper Karabakh - 9.9 million manat at 3.2 percent, Kalbajar-Lachin - 2.2 million manat at 4.8 percent, Nakhchivan - 20.3 million manat at 3.2 percent.
The official exchange rate is 0.7869 manat to $1 on Sept. 27.

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