Fixed-term deposits of individuals increased last month

16:06 - 25.12.2024


December 25, Fineko/abc.az. Term deposits of individuals grew by 0.7% or 56.6 million manats in November.

ABC.AZ informs that demand deposits of legal entities amounted to 15.8 billion manats (74.2% of the total deposit portfolio of legal entities).

Dollarization of individual deposits decreased by 0.1 percentage points in November versus the same month of 2023 and made up 34.1%. Over Jan-Nov 2024, banks generated net profit of 966.5 million manats and operating profit of 1.535 billion manats.

By Elmir Murad