Over 8.5 percent of Azerbaijani populations’ bank deposits fall to regions
Azerbaijan, Baku, July 7 / Trend A. Hasanov /
Deposits of the population, drawn to the banking system from the Azerbaijani regions (areas of the country, except for Baku), as of June 1, 2012 amounted to 3.969.8 billion manat or 8.56 percent of total volume of bank deposits, the Azerbaijani Central Bank's statistics report said today.
As of June 1, the volume of deposits in the country amounted to 4.341.7 billion manat, while the deposits in national currency hit 2.450.6 billion manat.
The average interest rate for the country during the reporting period amounted to 8.7 percent, in Baku - 8.9 percent.
The volume of deposits in Baku amounted to 3.969.8 billion manat, while the deposits in national currency hit 2.169.7 billion manat.
The amount of deposits on Absheron economic region amounted to 114.56 million manat, with an average rate of 9.4 percent, Aran - 62.25 million manat 4.9 percent, Mountain-Shirvan - 7.72 million manat 6.7 percent, Ganja -Gazakh - 73.1 million manat 7 percent, Guba-Khachmaz - 28.33 million manat 6.9 percent, Lankaran - 30.45 million manat 6.2 percent, Sheki-Zagatala - 22.31 million manat 6.1 percent, the Upper Karabakh - 8.5 million manat 3.7 percent, Kalbajar-Lachin - 2.49 million manat 5 percent, Nakhchivan - 22.18 million manat 3.4 percent.
The official exchange rate is 0.7856 AZN to $1 on July 7.