Deposit portfolio of banks has increased

13:19 - 27 January 2023

January 27, Fineko/ The deposit portfolio of banks (excluding individuals engaged in entrepreneurship) grew by 1.3% (AZN 143.1 million) up to AZN 11.48 million.

ABC.AZ informs with reference to the Central Bank that 54% (AZN 6.2 bn) of banks’ savings portfolio last year were term deposits.

Legal entities’ demand deposits amounted to AZN 19.7 bn (a rise of 3.4% or AZN 650.8 million over the month), 88.4% of the total deposit portfolio of legal entities (AZN 22.279 bn).