Term deposits in foreign currency decreased by 1.2%

13:32 - 20.06.2019


June 20, Fineko/abc.az. The tendency of decrease in the level of dollarization of bank deposits continued in the 1st quarter of 2019, says Central Bank’s overview on monetary policy for Jan-Mar.

The report says that compared with early 2019 the term deposits in the national currency increased by 10%, and a decrease of 1.2% was observed on term deposits in foreign currency.

The share of deposits and deposits in foreign currency in the monetary aggregate at the beginning of the quarter made up 39.1% and at the end of the quarter 40.9%.

 

 

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