Up to 8 percent of deposits in Azerbaijani banking sector drawn from regions
Azerbaijan, Baku, Jan. 9 / Trend /
Deposits of the population, drawn to the banking system from the Azerbaijani regions (areas of the country, except for Baku), as of Dec. 1, 2012 amounted to 380.14 million manat or 7.98 percent of total volume of bank deposits, the Azerbaijani Central Bank's statistics report said today.
The volume of deposits on Baku amounted to 4.382.8 billion manat, while the deposits in national currency hit 2.513.4 billion manat. The average percent rate in the country during this period was 8.4 percent while 8.6 percent in Baku.
The amount of deposits on Absheron economic region amounted to 110.7 million manat, with an average rate of 9.1 percent, Aran - 62.6 million manat at 4.9 percent, the Mountain-Shirvan - 8.46 million manat at 6.7 percent, Ganja -Gazakh - 76.8 million manat at 7.5 percent, Guba-Khachmaz - 28.2 million manat at 7.1 percent, Lankaran - 32.6 million manat at 6.3 percent, Sheki-Zagatala - 23.7 million manat at 5.6 percent, the Upper Karabakh - 10.2 million manat at 3.4 percent, Kalbajar-Lachin - 2.5 million manat at 4.9 percent, Nakhchivan - 24.3 million manat at 3.3 percent.
Some 43 banks operate is Azerbaijan.
The official exchange rate is 0,7848 AZN/USD on Jan. 9.