Baku, Azerbaijan, Nov. 10
By Azad Hasanli – Trend:
As of late September, 2017, the population’s bank deposits in Azerbaijani districts (except for Baku) totaled 365.53 million manats, which is 52.97 percent more than in the same period last year, according to the report of the Central Bank of Azerbaijan (CBA).
The volume of foreign currency deposits in Azerbaijani districts, on the contrary, decreased by 21.8 percent for the year and amounted to 185.99 million manats, according to the report.
In general, the population’s bank deposits in Azerbaijani districts amounted to 551.5 million manats, which is a 15.7 percent increase as compared to late September 2016. Some 7.85 percent of all bank deposits accounted for the share of Azerbaijani districts.
The volume of deposits in the districts increased amid the decrease in deposits in the country.
In September 2016, the population kept deposits worth 7.8 billion manats in the banks.
As of October 1, 2017, this figure decreased to 7.02 billion manats.
The average annual deposit rate throughout the country reached 4.5 percent, and on Baku – 4.4 percent in September 2017.
Distribution of bank deposits in Azerbaijani districts:
|
Districts |
Amount of deposits (thousand manats) |
Average interest rate (%) |
|
Absheron |
159,476 |
6.8 |
|
Aran |
103,594.8 |
4.3 |
|
Mountain Shirvan |
14,056.2 |
4.8 |
|
Ganja-Gazakh |
116,656.3 |
6.2 |
|
Guba-Khachmaz |
40,138.6 |
6.3 |
|
Lankaran |
41,954.3 |
6.7 |
|
Sheki-Zagatala |
32,608.9 |
4.3 |
|
Upper-Karabakh |
7,393.9 |
3.4 |
|
Kalbajar-Lachin |
1,430.6 |
9.5 |
|
Nakhchivan |
34,214.4 |
2.5 |
(1.7003 manats = $1 on Nov. 10)