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Azerbaijani banks’ deposit portfolio grew by 33%

Azerbaijani banks’ deposit portfolio grew up to 82.2% of their liabilities – 32,860.9 million manats by late November.

 

According to the banking review published by the Central Bank of Azerbaijan, it was up by 2.1% from the end of October.

 

As a reminder, the banks’ deposit portfolio grew by 22% as compared to the end of the last year and by 32.8% over the past year.

 

Note that the bank deposits of AZN 11,339.9 million are owned by physical entities, and AZN 21,521 million by legal entities.

 

Source: Turan News Agency