BAKU, Azerbaijan, Sept. 23
By Zeyni Jafarov - Trend:
The total volume of bank deposits of the Azerbaijani population as of September 1, 2021 increased for the year by 684.7 million manat ($402.8 million), or 8.7 percent, from 7.9 billion manat ($4.6 billion) to 8.6 billion manat ($5.06 billion), Trend reports referring to the statistics report of the Central Bank of Azerbaijan (CBA).
Some 89 percent (7.6 billion manat $4.5 billion) of all bank deposits in the country accounted for Baku, while about 11 percent (938.7 million manat $552.2 million) – for the districts.
At the same time, 55.3 percent (4.7 billion manat $2.8 billion) of bank deposits of the population accounted for Azerbaijani manat, 44.7 percent (3.8 billion manat $2.2 billion) - for foreign currency.
At the same time, the average annual deposit rate throughout the country as of Sept.1, 2021, amounted to 3.43 percent, and in Baku – 3.29 percent.
Distribution of bank deposits by districts of Azerbaijan (as of Sept.1, 2021):
Value of deposits (manat) |
Average interest rate (%) |
Share of total volume of deposits (%) |
|
Azerbaijan |
8.5 billion manat ($5 billion) |
3.43 |
100 |
Baku |
7.6 billion manat ($4.5 billion) |
3.29 |
89.0 |
Economic regions, including |
938.7 million manat ($552.2 million) |
11.0 |
|
Absheron |
270.2 million manat ($158.9 million) |
5.42 |
3.2 |
Aran |
169.8 million manat ($99.4 million) |
3.83 |
2.0 |
Mountain Shirvan |
22.4 million manat ($13.2 million) |
3.98 |
0.3 |
Ganja-Gazakh |
193.6 million manat ($113.9 million) |
5.13 |
2.3 |
Guba-Khachmaz |
76.3 million manat ($44.9 million) |
5.16 |
0.9 |
Lankaran |
76.09 million manat ($44.7 million) |
5.02 |
0.9 |
Sheki-Zagatala |
61.05 million manat ($35.9 million) |
3.59 |
0.7 |
Upper-Karabakh |
14.07 million manat ($8.3 million) |
1.85 |
0.2 |
Kalbajar-Lachin |
0 |
0 |
0 |
Nakhchivan |
55.1 million manat ($32.4 million) |
1.78 |
0.6 |
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