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Over seven per cent of deposits in Azerbaijani banking system accounts for regions

Business Materials 8 October 2013 14:45 (UTC +04:00)

Azerbaijan, Baku, Oct. 8 / Trend E.Aliyev /

In January-August 2013, the population's deposits attracted to Azerbaijan's banking system from regions, except Baku, amounted to 457.15 million manats or 7.5 per cent of the total volume of bank deposits.

According to the Azerbaijani Central Bank's statistical report, the volume of deposits in Baku amounted to 5,633.3 million manats while those in the national currency amounted to 3,328.8 million manats. The average percentage rate in the country during the reporting period was 8.1 per cent, and 8.2 per cent in Baku.

The sum of deposits in the Absheron economic region amounted to 140.6 million manats, with an average rate of 9.1 per cent, Aran - 125.8 million manats at 7.5 per cent, the Mountain-Shirvan - 12.7 million manats at 6.2 per cent, Ganja-Gazakh - 49.6 million manats at 5.1 per cent, Guba-Khachmaz - 16.2 million manats at 5.8 per cent, Lankaran - 45.9 million manats at 7.9 per cent, Sheki-Zagatala - 19.4 million manats at 5.6 per cent, the Upper Karabakh - 10.5 million manats at 4.5 per cent, Kalbajar-Lachin - 6.2 million manats at 4.9 per cent and Nakhchivan - 30.1 million manats at 2.3 per cent.

Official exchange rate for Oct. 7 is 0.7844 AZN/USD.

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