BAKU, Azerbaijan, July 26. The total deposits of the Azerbaijani population increased by 2.16 billion manat ($1.27 billion), or 25.61 percent as of June 30, 2022, Trend reports citing the Central Bank of Azerbaijan (CBA).
According to the CBA, a total of 9.3 billion manat ($5.47 billion), or 87.97 percent of all bank deposits fell on Baku, while 1.27 billion manat ($748.17 million), or about 12.03 percent – on the districts.
Meanwhile, 59.78 percent (6.33 billion manat, or $3.7 billion) of bank deposits were in national currency, whereas 40.22 percent (4.26 billion manat, or $2.5 billion) – in foreign currency.
The average annual deposit rate as of June 30, 2022 was 3.26 percent, while in Baku – 3.16 percent.
Regional distribution of bank deposits in Azerbaijan (as of June 1, 2022):
|
Deposits |
Average interest rate (%) |
Share of total deposits (%) |
|
|
Azerbaijan |
10.596 billion manat ($6.2 billion) |
3.26 |
100 |
|
Baku |
9.3 billion manat ($5.47 billion) |
3.16 |
87.97 |
|
Economic regions, including: |
1.27 billion manat ($748.17 million) |
12.03 |
|
|
Nakhchivan |
63.45 million manat ($37.37 million) |
1.87 |
0.6 |
|
Absheron-Khizi |
336.989 million manat ($198.5 million) |
5.28 |
3.18 |
|
Mountainous Shirvan |
33.19 million manat ($19.5 million) |
3.13 |
0.31 |
|
Ganja-Dashkesan |
166.9 million manat ($98.3 million) |
4.96 |
1.58 |
|
Karabakh |
74.99 million manat ($44.16 million) |
3.05 |
0.71 |
|
Gazakh-Tovuz |
97.08 million manat ($57.17 million) |
3.63 |
0.92 |
|
Guba-Khachmaz |
105.2 million manat ($61.8 million) |
4.08 |
0.99 |
|
Lankaran-Astara |
112.7 million manat ($66.38 million) |
3.92 |
1.06 |
|
Central Aran |
98.469 million manat ($58 million) |
3.35 |
0.93 |
|
Mil-Mughan |
38.156 million manat ($22.47 million) |
2.31 |
0.36 |
|
Shaki-Zagatala |
92.324 million manat ($54.38 million) |
2.8 |
0.87 |
|
East Zangazur |
- |
- |
- |
|
Shirvan-Salyan |
55.269 million manat ($32.5 million) |
2.8 |
0.52 |