Baku, Azerbaijan, Jan. 15
By Anvar Mammadov – Trend:
As of Dec. 1, 2017, the population’s bank deposits in Azerbaijani districts (except for Baku) totaled 592.25 million manats, which is 8 percent of all bank deposits, according to the report of the Central Bank of Azerbaijan (CBA).
For comparison, as of late November, 2016, the population’s bank deposits in Azerbaijani districts (except for Baku) totaled 505.15 million manats, which is 6.6 percent of all bank deposits.
The volume of deposits in the districts in November 2017 increased amid their decrease in the country.
In November 2016, the population kept deposits worth 7.61 billion manats in the banks.
As of Dec.1, 2017, this figure decreased to 7.37 billion manats.
As of early December 2017, the volume of population’s bank deposits in Baku amounted to 6.78 billion manats.
The average annual deposit rate throughout the country reached 4.4 percent, and on Baku – 4.3 percent in November 2017.
Distribution of bank deposits in Azerbaijani districts:
Districts |
Amount of deposits (thousand manats) |
Average interest rate (%) |
Absheron |
159,998.8 |
6.9 |
Aran |
129,298.5 |
3.6 |
Mountain Shirvan |
14,271.3 |
4.7 |
Ganja-Gazakh |
119,400.2 |
6.2 |
Guba-Khachmaz |
42,568.4 |
6.3 |
Lankaran |
49,477.6 |
6.1 |
Sheki-Zagatala |
34,214.5 |
4.3 |
Upper-Karabakh |
7,985.5 |
3.8 |
Kalbajar-Lachin |
972.9 |
11.1 |
Nakhchivan |
34,062.7 |
2.2 |
(1.7001 manats = $1 on Jan. 15)