Have the Bank deposits increased or decreased? - Official statement


September 11, Fineko/abc.az. Deposits of individuals and deposits of legal entities showed different dynamics  in the structure of the money supply in manats (M2), cash supply, Abc.az reports citing the Central Bank's monetary policy review for January-June.

According to the survey, for the indicated period cash supply increased by 10.2%. Although deposits of legal entities in manats decreased by 8%, the situation with individuals is the opposite. Their contribution to manats increased by 20.9%. At the same time, in the first half of the year, deposits and demand deposits in manats increased by 4.4%, time deposits and deposits - by 9.1%.

Posted by Elmir Murad