In April the total value of deposits in Azerbaijan amounted to 22.13 billion manats, up by 9.6% YoY, the Central Bank of Azerbaijan (CBA) reported.
In particular, the value of deposits of non-financial organizations increased by 11.7% (10.561 billion manats), reaching 11.8 billion manats. The total value of deposits of legal entities in April reached 13.42 billion manats.
Meanwhile, the value of deposits of individuals rose by 10.6%, to 8.72 billion manats.
As of April deposits in foreign currency amounted to 14.21 billion manats (64.2% of total deposits), down by 0.01%.
A significant increase is also observed in the deposits in national currency. Their value increased by 32.2% compared to April last year, reaching 7.9 billion manats. (Trend/Business World Magazine)