Baku, Azerbaijan, Sept. 10
By Anvar Mammadov – Trend:
The customer base of Azerbaijani banks increased by 0.9 percent as of late July 2017 compared to June and by 4.7 percent compared to August 1, 2016 and amounted to over 5.66 million, the Azerbaijani Central Bank’s report as of January-July 2017 said.
According to the CBA report, most of the clients (98.6 percent) accounted for individuals, 217,920 of them were entrepreneurs. The rest of the clients (80,380 people) were legal entities.
During the reporting period, the number of client accounts in the country’s commercial banks slightly increased compared to the previous month and amounted to more than 15.79 million. For the year, the number of client accounts increased by 4.6 percent. At the same time, over 82.2 percent of client accounts (12.98 million accounts) accounted for current accounts.
Thus, 98.8 percent (12.83 million accounts) in the structure of current accounts accounted for the current accounts of individuals, 226,000 of them are owned by entrepreneurs. The rest of current accounts belong to legal entities.
The number of client credit accounts, as of late July, increased by 1.2 percent, while decreased by 0.24 percent and amounted to 2.42 million for the year.
The number of debit accounts in the reporting period amounted to 382,280, which is by 1.9 percent less than as of late of June and almost 3 percent compared to July 2016.