...

Average rate on bank deposits in manat increased in Azerbaijan

Business Materials 7 July 2012 15:28 (UTC +04:00)

Azerbaijan, Baku, July 7 / Trend A. Hasanov /

As of June 1, the average rate on deposits in manat as of June 1, 2012 was 10.32 percent compared to 10.19 percent as of May 1, 2012, 11.98 percent as of June 1, 2011, the Azerbaijani Central Bank's statistics report said today.

The average rate on deposits in foreign currency amounted to 11.01 percent compared to 11.97 percent and 11.35 percent respectively.

As of June 1, 2012, the average rate on physical entities' deposits in manat was 10.74 percent compared to 10.71 percent as of May 1 and 11.66 percent as of early June 2011. The average rate on individual clients' deposits in foreign currency amounted to 11.21 percent compared to 11.16 percent and 11.5 percent respectively.

As of early June, the average rate on legal entities' deposits in manat was 6.12 percent compared to 5.84 percent as of May 1, 2012 and 6.24 percent as of June 1, 2011.

The average rate on corporate clients' deposits in foreign currency was 5.27 percent compared to 6.57 percent and 7.88 percent respectively

Latest

Latest