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Azerbaijan reveals interest rates of local banks for deposits

Finance Materials 13 December 2021 17:58 (UTC +04:00)
Azerbaijan reveals interest rates of local banks for deposits

BAKU, Azerbaijan, Dec. 13

Nazrin Israfilova - Trend:

Azerbaijan’s AccessBank, Bank BTB, Muganbank, Yelo Bank, Turan Bank, VTB Bank, Expressbank, Unibank and Rabitabank offer the highest interest rates on annual (12-month) deposits in the country, Trend reports.

The interest rates on bank deposits in manat for the mentioned period are as following:

Annual interest rate on the deposit

Banks

Monthly interest payment (%)

Interest payment at the end of the term (%)

1

Access Bank

10.5

11

2

Bank BTB

10

11

3

Mugan bank

10

11

4

Yelo Bank

10

11

5

Turan Bank

9.75

11

6

VTB Bank

9.6

10

7

Express Bank

9.5

10

8

Unibank

9.5

10

9

Rabita Bank

9.25

10

10

Bank Respublika

9

9.5

11

Bank of Baku

9

9.5

12

Gunay Bank

-

9

13

Premium Bank

-

8

14

Pasha Bank

Percentage is reported when applying

Percentage is reported when applying

15

Bank Avrasiya

7

8

16

ASB Bank

6

7

17

ABB Bank

6

6.5

18

Kapital bank

6

6.5

19

Xalq Bank

5.75

6

20

Ziraat Bank

5.5

6.5

21

Bank Melli Iran

5

6

22

AFB bank

5

5.5

23

Azer Turk Bank

5

5.5

24

Yapi Kredi Bank

4.75

5.5

25

Naxchivan Bank

-

4

26

Pakistan Milli Bank

Doesn’t accept deposits

Doesn’t accept deposits

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