Regions ensure 8 percent of deposits in Azerbaijani banking system

Azerbaijan, Baku, Nov. 12 / Trend /

Deposits of the population, drawn to the banking system from the Azerbaijani regions (areas of the country, except for Baku), as of Oct. 1, 2012 amounted to 360.94 million manat or 7.9 percent of total volume of bank deposits, the Azerbaijani Central Bank's statistics report said today.

The volume of deposits on Baku amounted to 4.556.3 billion manat, while the deposits in national currency hit 2.336.3 billion manat. The average percent rate in the country during this period was 8 percent while 8.1 percent in Baku.

The amount of deposits on Absheron economic region amounted to 104.77 million manat, with an average rate of 9 percent, Aran - 61.35 million manat at 4.6 percent, the Mountain-Shirvan - 9.7 million manat at 5.6 percent, Ganja -Gazakh - 72.3 million manat at 6.9 percent, Guba-Khachmaz - 25.01 million manat at 6.7 percent, Lankaran - 29.52 million manat at 6.4 percent, Sheki-Zagatala - 23.3 million manat at 5.2 percent, the Upper Karabakh - 11.16 million manat at 3.5 percent, Kalbajar-Lachin - 2.4 million manat at 5 percent, Nakhchivan - 21.4 million manat at 3.4 percent.

By early Oct., the volume of deposits of financial organizations hit 2.710.0 billion manat compared to 2.507.1 billion manat as of early third quarter of 2012 and 2.530.4 billion manat as of Oct. 1, 2011.

By early Oct. the volume of legal entities' deposits amounted to 5.524.3 billion manat compared to 5.331.7 billion manat as of early third quarter and 5.118.2 billion manat as of Oct. 1, 2011.

By early Oct., the volume of deposits of non-financial organizations hit 2.814.3 billion manat compared to 2.824.6 billion manat as of early third quarter of 2012 and 2.587.8 billion manat as of Oct. 1, 2011
The official exchange rate is 0,7850 AZN/USD on Nov. 12.