Baku, Azerbaijan, Aug. 9
By Anvar Mammadov – Trend:
As of July 1, 2017, the population’s bank deposits in Azerbaijani districts (except for Baku) totaled 564.93 million manat, that is, 8.2 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 6.2 percent (483.93 million manat) in late June 2016.
The volume of deposits in the districts is growing amid the decrease in deposits in the country.
As of late June 2016, the population kept deposits worth 7.82 billion manat in the banks.
As of July 1, 2017, this figure decreased up to 6.91 billion manat.
As of early July 2017, the amount of deposits in Baku amounted to 6.34 billion manat.
The average annual deposit rate throughout the country and Baku reached 4.4 percent in June 2017.
Distribution of bank deposits in Azerbaijani districts:
|
Districts |
Amount of deposits (thousand manat) |
Average interest rate (%) |
|
Absheron |
160.744 |
6.4 |
|
Aran |
103,999.3 |
4 |
|
Mountain Shirvan |
13,996.5 |
4.7 |
|
Ganja-Gazakh |
122,385.5 |
5.3 |
|
Guba-Khachmaz |
40,203.3 |
5 |
|
Lankaran |
44,896.3 |
5.5 |
|
Sheki-Zagatala |
35,424.3 |
3.9 |
|
Upper-Karabakh |
10,316.5 |
2 |
|
Kalbajar-Lachin |
567.9 |
5 |
|
Nakhchivan |
32,397.7 |
2.3 |