Large banks attracted significant amounts of deposits from the state

17:32 - 31.10.2025


October 31, Fineko/abc.az. Following the deposit auction organized by the Ministry of Finance, the balance of the treasury account in the amount of 300 million manats was deposited for 28-day term at weighted average rate of 7% in two of the five largest banks in the country, selected by capitalization and asset volume.

ABC.AZ informs, citing the Ministry, that on October 17, the balance of the treasury account in the amount of 600 million manats was deposited for 28-day period at weighted average rate of 7% in three of the five largest banks in the country, selected by capitalization and asset volume.