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Volume of Deposits in Azerbaijani Banks Grows

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BM.GE
27.08.21 20:00
601
The volume of deposits in Azerbaijani banks as of August 1 this year amounted to 24.926 billion manats, a growth of 3.2 percent over July 1, Report informs referring to the Central Bank of Azerbaijan.

According to the data, this is 5.3 percent more than as of January 1, 2021, and 10.6 percent more than as of August 1 last year.
 
As of August 1, 2021, the deposits in foreign currencies in Azerbaijan-based banks accounted for AZN 9,666.4 million, showing a 9.7% increase in comparison to a month ago.
 
At the same time, this figure is 8.8% up from the beginning of the year, 10% down from a year earlier.
 
The manat deposits in the Azerbaijani banks amounted to AZN 10,782.8 million, up 0.4% from the previous month, 13.2% from early 2021 and 31.6 % from a year earlier.