BAKU, Azerbaijan, October 4. Total deposits of individuals in Azerbaijani banks reached 15.4 billion manat ($9 billion) as of September 1, 2025.
Data obtained by Trend from the Central Bank of Azerbaijan (CBA)
indicates that deposits experienced an uptick of 4.5 million manat
($2.6 million), translating to a marginal increase of 0.03 percent
relative to the metrics recorded on August 1, 2025. Furthermore,
there was a substantial year-over-year escalation of 1.3 billion
manat ($764.2 million), reflecting a robust growth rate of 9
percent when juxtaposed with the corresponding timeframe from the
previous year.
The aggregate of local currency deposits amounted to 10.4 billion
manat, equivalent to $6.1 billion, whereas the foreign currency
deposit portfolio achieved a total of 4.96 billion manat,
translating to $2.9 billion.
National currency deposits rose by 23.4 million manat ($13.7 million), or 0.2 percent, month-on-month, and 1.1 billion manat ($646.7 million), or 12 percent, year-on-year. Foreign currency deposits decreased slightly by 18.8 million manat ($11 million), or 0.4 percent, compared to August, but grew by 151.2 million manat ($88.8 million), or 3.1 percent, year-on-year.
