17:11 - 14.10.2026

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October 14, Fineko/abc.az. The structure of deposits of the population in favor of term deposits has changed in Azerbaijan Industrial Bank (ASB).

As of September 30, 2026, demand deposits of individuals lowered by 84.3% year-on-year, to 16.68 million manats, while term deposits increased by 40.4%, reaching 285.69 million manats.

According to Bank’s financial report, as a result, the share of term deposits in overall volume of household deposits grew from 65.7% up to 94.5%. At that, the total volume of deposits of individuals in the bank decreased by 2.4%, to 302.37 million manats.

Similar changes have been recorded in the deposits of legal entities. Demand deposits of companies dropped by 30.2% to 61.48 million manats, while term deposits increased by 92.9% up to 147.56 million manats. The total volume of deposits of legal entities grew by 27% up to 209.04 million manats.

In general, the volume of deposits attracted by the Bank from individuals and legal entities increased by 7.8% up to 511.41 million manats. Deposits of banks and other financial institutions declined by 11.7% to 132.06 million manats.

Against the background of changes in the structure of deposits, Bank's interest expenses on customer deposits increased by 42.6% for Jan-Sept 2026, reaching 12.21 million manats.