Dollar deposits in banks reduced


December 1, Fineko/abc.az. The retail deposits in commercial banks of Azerbaijan as of 1 November 2020 amounted to AZN 7.87 bn.

ABC.AZ reports that according to the Central Bank, the level of dollarization in bank deposits of individuals in Azerbaijan made up 53%.

Compared with the previous month, the dollarization of population’s bank deposits decreased by 0.8%, and in annual comparison by 2.4%.