BAKU, Azerbaijan, June 22. The total deposits of the Azerbaijani population increased by 2.16 billion manat ($1.27 billion), or 25.89 percent as of June 1, 2022, amounting to 10.5 billion manat, or $6.18 billion (8.35 billion manat, or $4.79 billion), Trend reports citing the Central Bank of Azerbaijan (CBA).
According to the CBA, a total of 9.4 billion manat ($5.5 billion), or 89.91 percent of all bank deposits fell on Baku, while 1.17 billion manat ($688.6 million), or about 11.09 percent – on the regions.
Meanwhile, 58.79 percent (6.2 billion manat, or $3.6 billion) of bank deposits were in national currency, whereas 41.21 percent (4.36 billion manat, or $2.5 billion) – in foreign currency.
The average annual deposit rate as of June 1, 2022 was 3.19 percent, while in Baku – 3.06 percent.
Regional distribution of bank deposits in Azerbaijan (as of June 1, 2022):
|
Deposits |
Average interest rate (%) |
Share of total deposits (%) |
|
|
Azerbaijan |
10.5 billion manat ($6.18 billion) |
3.19 |
100 |
|
Baku |
9.4 billion manat ($5.5 billion) |
3.06 |
89.91 |
|
Economic regions, including: |
1.17 billion manat ($688.6 million) |
11.09 |
|
|
Nakhchivan |
62.9 million manat ($37.02 million) |
1.63 |
0.5 |
|
Absheron-Khizi |
317.7 million manat ($186.9 million) |
5.42 |
3 |
|
Mountainous Shirvan |
29.7 million manat ($17.48 million) |
3.41 |
0.28 |
|
Ganja-Dashkesan |
161.06 million manat ($94.79 million) |
5.01 |
1.52 |
|
Karabakh |
73.01 million manat ($42.9 million) |
3 |
0.69 |
|
Gazakh-Tovuz |
80.01 million manat ($47.09 million) |
4.32 |
0.76 |
|
Guba-Khachmaz |
94.7 million manat ($55.7 million) |
4.47 |
0.89 |
|
Lankaran-Astara |
98.39 million manat ($57.9 million) |
4.43 |
0.93 |
|
Central Aran |
87.7 million manat ($51.6 million) |
3.68 |
0.83 |
|
Mil-Mughan |
38.5 million manat ($22.6 million) |
2.24 |
0.36 |
|
Shaki-Zagatala |
80.1 million manat ($47.1 million) |
3.15 |
0.76 |
|
East Zangazur |
- |
- |
- |
|
Shirvan-Salyan |
50.3 million manat ($29.6 million) |
3.4 |
0.48 |