Azerbaijan, Baku, Feb. 14 / Trend /
As of 2012, the depositary base of Azerbaijani banks increased by 13.25 per cent.
According to statistical data from the Central Bank of Azerbaijan (CBA) published on its website, the total amount of bank deposits and deposits of indiviual and legal entities totalled 10.699.2 billion manat in 2012 compared to 9.447 billion manat in 2011.
Of this, 5.062.5 billion is cash in manat, of which 1.981.1 billion manat - deposit poste restante and 3.081.4 billion manat - term deposits. The funds in foreign currency amounted to 5.678.9 billion manat (1.645.1 billion manat and 3.991.6 billion manat, respectively).
Individual deposits increased by 24.12 per cent in 2012, while the volume of legal entities' deposits increased 4.86 per cent.
The volume of physical entities' deposits hit 5.113.4 billion manat in 2012 compared to 4.119.8 billion manat in 2011.
According to the Central Bank, around 2.963.8 billion manat (57.96 per cent) were placed by the population in the national currency of manat and 2.149.6 billion manat in freely convertible currency.
As of 2012, the volume of deposits of financial institutions amounted to 2.783 billion manat compared to 2.519.5 billion manat in early 2012.
The volume of deposits of non-financial institutions totalled 2.802.9 billion manat compared to 2.807.6 billion manat in early 2012.
The volume of legal entities' deposits totalled 5.585.9 billion manat compared to 5327.1 billion manat as of early 2012.
Today, 42 of the 43 banks operating in the country are members of the Azerbaijan Deposit Insurance Fund.
The official exchange rate is 0,7847 AZN/USD on Feb. 14.