Baku, Azerbaijan, April 9
By Ilkin Shafiyev – Trend:
As of late February 2018, population’s bank deposits in Azerbaijani districts totaled 607 million manats, which is 16.74 percent of all bank deposits, according to a report of the Central Bank of Azerbaijan (CBA).
The share of Azerbaijani districts made up 7.83 percent in the total volume of all bank deposits in the country in late February 2018.
Almost 74 percent (447.21 million manats) of all deposits in the country's districts account for savings in the national currency. In February 2017, this figure was more than 50 percent (274.40 million manats).
In early February 2018 in Baku, the volume of deposits amounted to 7.14 billion manats, including 2.49 billion manats in national currency.
In February 2018, the average annual interest rate on loans was 5.6 percent in the country and 4.3 percent in Baku.
Bank deposits in Azerbaijani districts:
District |
Deposits (thousand manats) |
Average interest rate (%) |
Absheron |
165,996.5 |
7.0 |
Aran |
110,164.2 |
4.4 |
Mountainous Shirvan |
156,84.8 |
4.4 |
Ganja-Gazakh |
136,564.6 |
5.8 |
Guba-Khachmaz |
44,699.7 |
6.7 |
Lankaran |
47,675.4 |
6.4 |
Shaki-Zagatala |
37,086.9 |
4.1 |
Upper-Karabakh |
11,717.5 |
3.4 |
Kalbajar-Lachin |
997.4 |
11.9 |
Nakhchivan |
36,404.6 |
2.2 |
(1.7 AZN = 1 USD on April 9)