Banks report about decline in term deposits


November 26, Fineko/abc.az. The term deposits of individuals at banks decreased by AZN 20 million compared with the end of September 2020.

ABC.AZ informs with reference to Central Bank’s statistical report "Consolidated balance of the banking sector" that at the end of September the term deposits amounted to AZN 4.89 bn and at the end of October – AZN 4.87 bn. In October the demand deposits of individuals grew by AZN 64.7 million up to AZN 2.886 million.