A currency in which individuals most often place deposits in Azerbaijan

12:48 - 30.01.2025


January 30, Fineko/abc.az. 65.7% of the deposits of individuals (9.4 billion manats) are placed in national currency and 34.3% (4.899 billion manats) in foreign currency.

ABC.AZ reports , referring to the CBA bulletin, 60.1% of the portfolio of deposits of individuals (8.6 billion manats) are term deposits.

The term deposits of individuals observed growth of 2.7% or 229.4 million manats in December. The demand deposits of legal entities made up 75.1% of the total deposit portfolio of legal entities, reaching 17.58 billion manats.

The dollarization of individual deposits decreased by 0.5 p.p. to 33.6% in December 2024.

During 2024, banks generated 1.044 billion manats of net profit and 1.663 billion manats of operating profit.