BAKU, Azerbaijan, Jan. 3
By Nargiz Ismayilova - Trend:
The total bank deposits of the population of Azerbaijani regions as of late November 2019 made up over 8.6 billion manat ($5.1 billion), which is 609 million manat ($358.2 million) or 7.01 percent more compared to late November 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 as of late November 2019 was 9.6 percent.
Around 81.2 percent or 702 million manat ($412.9 million) of all deposits in the country's regions for the reporting period account for savings in the national currency. As of late November, the volume of deposits in Baku amounted to over 7.8 billion manat ($4.6 billion), including 3.2 billion manat ($1.9 billion) in national currency.
The average annual interest rate on loans for November 2019 was 3.7 percent in the country's regions and 3.6 percent in Baku.
Bank deposits in Azerbaijani regions (as of late November 2019):
|
Economic regions |
Deposits (manat) |
Average interest rate (%) |
|
Absheron |
254.8 million ($149.9 million) |
5.6 |
|
Aran |
153 million ($90 million) |
4.0 |
|
Mountainous Shirvan |
19.7 million ($11.6 million) |
4.4 |
|
Ganja-Gazakh |
173.5 million ($102 million) |
5.2 |
|
Guba-Khachmaz |
56.9 million ($33.4 million) |
5.5 |
|
Lankaran |
69,451 ($40.8 million) |
5.4 |
|
Shaki-Zagatala |
53.5 million ($31.5 million) |
3.7 |
|
Upper Karabakh |
12 million ($7.1 million) |
3.5 |
|
Kalbajar-Lachin |
0,0 |
0.0 |
|
Nakhchivan |
40.7 million ($23.9 million) |
2.2 |
(1 USD = 1.7 AZN on Jan. 3)
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