Baku, Azerbaijan, Aug. 7
By Sara Israfilbayova – Trend:
As of late June 2019, bank deposits of the population of Azerbaijani regions made up 761.855 million manats, which is 12.7 percent more compared to the same period of 2018, Trend reports referring to the Central Bank of Azerbaijan (CBA).
The share of Azerbaijani regions in the total volume of all bank deposits in the country was 8.7 percent. Around 81.2 percent (619.157 million manats) of all deposits in the country's regions accounted for savings in the national currency during the reporting period. For comparison, the share of manat deposits in Baku made up 38.9 percent.
In late June 2019, the volume of deposits in Baku amounted to 7.97 billion manats, including 3.2 billion manats in the national currency.
The average annual interest rate on loans for the aforementioned period was 3.7 percent in the country's regions and 3.5 percent in Baku.
Bank deposits in Azerbaijani regions (as of late June 2019):
|
Economic regions |
Deposits (1,000 manats) |
Average interest rate (%) |
|
Absheron |
216,248 |
6.3 |
|
Aran |
133,712 |
4.4 |
|
Mountainous Shirvan |
23,298 |
4.0 |
|
Ganja-Gazakh |
160,092 |
5.4 |
|
Guba-Khachmaz |
55,895 |
5.8 |
|
Lankaran |
61,016 |
5.9 |
|
Shaki-Zagatala |
49,812 |
3.8 |
|
Upper-Karabakh |
14,917 |
2.9 |
|
Kalbajar-Lachin |
0.0 |
0.0 |
|
Nakhchivan |
46,865 |
1.7 |
($1 = 1.7 AZN on Aug. 7)
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