Baku, Azerbaijan, July 17
By Azad Hasanli – Trend:
As of June 1, 2017, the population’s bank deposits in Azerbaijani districts (except for Baku) totaled 503.4 million manat, that is, 7.35 percent of all deposits, according to the report of the Central Bank of Azerbaijan (CBA).
For comparison, the share of bank deposits in districts was 6.13 percent (463.4 million manat) in May 2016.
The volume of deposits in the districts is growing amid the decrease in deposits in the country.
As of late May 2016, the population kept deposits worth almost 7.6 billion manat in the banks.
As of June 1, 2017, this figure decreased up to 6.8 billion manat.
As of early June 2017, the amount of deposits in Baku amounted to 6.34 billion manat.
As of May 2017, the average annual deposit rate throughout the country reached 4.5 percent while 4.4 percent in Baku.
Distribution of bank deposits in Azerbaijani districts:
|
Districts |
Amount of deposits (thousand manat) |
Average interest rate (%) |
|
Absheron |
152,221.1 |
6.1 |
|
Aran |
87,450.9 |
4.5 |
|
Mountain Shirvan |
12,580.2 |
5 |
|
Ganja-Gazakh |
109,621.9 |
5.8 |
|
Guba-Khachmaz |
33,515.2 |
5.8 |
|
Lankaran |
37.490 |
6.3 |
|
Sheki-Zagatala |
31,522.5 |
4.3 |
|
Upper-Karabakh |
7,721.8 |
2.5 |
|
Kalbajar-Lachin |
148.4 |
2 |
|
Nakhchivan |
31,126.6 |
2.3 |
(1.7022 AZN = 1 USD on July 17)