Reduced and increased types of bank deposits for October


November 26, Fineko/abc.az. According to Central Bank’s statistics “Structure of Retail Deposits”, in October 2020 the term deposits of individuals decreased by AZN 19.2 million.

ABC.AZ reports that last month the retail term deposits reduced from AZN 4.9 bn at the end of September to AZN 4.89 bn. In October the current accounts grew by AZN 55.3 million from AZN 2.9 bn up to AZN 2.98 bn.

Due to the growth of current accounts, the total retail deposits increased by AZN 36.1 million up to AZN 7.87 bn at the end of October.