Legal entities’ deposits in banks sharply lowered


February 23, Fineko/abc.az. Last month, the total deposits of the population in banks amounted to AZN 8.79 bn (rise of AZN 34.9 million), ABC.AZ reports with reference to the Central Bank.

The growth is driven by an increase in demand savings.

In January the deposits of legal entities decreased by AZN 469.4 million to AZN 12.208 bn. In particular, legal entities’ demand deposits reduced by AZN 553.1 million to AZN 10.86 bn.