Azerbaijan's regions cover almost 9 percent of people's deposits to banks
Azerbaijan, Baku, November 5 / Trend, N. Ismailova /
Following the results of 3 quarters of 2011, people's deposits to banks drawn from Azerbaijan's regions (areas except for Baku) were 311.8 million manat, an equivalent to 8.6 percent of the combined deposits to banks, the Central Bank of Azerbaijan (CBA) stated in a statistical report on Saturday.
As of October 1, deposits to banks totaled 3,622.4 million manat, including 1,798.7 million manat as deposits in national currency. In Baku, the figure was equivalent to 3,310.6 million manat, including 1,573.9 million manat as deposits in national currency. In the reported period, interest rate of deposits averaged 9.7 percent, including 9.9 percent in Baku.
In the period, deposits were equivalent to 91.5 million manat (average interest rate of 9.4 percent) in the Absheron economic region, 48.9 million manat (5.2 percent) in the Aran region, 6.7 million manat (7.5 percent) in the Mountain Shirvan region, 67.6 million manat (8.7 percent) in the Ganja-Gazakh region, 24.6 million manat (7.7 percent) in the Guba-Khachmaz region, 25.1 million manat (7.5 percent) in the Lenkoran region, 19.4 million manat (6.4 percent) in the Sheki-Zagatala region, 6.8 million manat (3.9 percent) in the Upper Karabakh region, 1.3 million manat (6.8 percent) in the Kelbajar-Lachin region, and 20.05 million manat (3.3 percent) in the Nakhchivan region.
The official exchange rate on November 5 is 0.7868 AZN/USD.