Azerbaijan, Baku, March /corr. Trend N.Ismaylova /
As of Feb. 1, 2009 the average rate of bank deposits in the national currency comprised 11.57 percent compared to 11.61 percent as of Jan. 1, 11.39 percent as of the beginning of the year, the National Bank of Azerbaijan said. The average rate of banking deposit in foreign currency is 8.2 percent compared with 7.96 percent, 12.15 percent respectively.
As of Feb. 1, 2009 the average rate of bank deposits of physical entities in the national currency comprised 12.38 percent compared to 12.54 percent as of Jan. 1, 12.33 percent as of Feb. 1, 2008. The average rate of banking deposit of individual client in foreign currency is 12.36 percent compared to 12.43 percent and 12.5 percent respectively.
As of Feb. 1, 2009 the average rate of bank deposits of legal entities in the national currency comprised 9.49 percent compared to 9.48 percent as of Jan. 1, 9.87 percent as of Feb. 1, 2008.
The average rate of banking deposit of corporate client in foreign currency is 5.52 percent compared to 5.4 percent and 7.55 percent respectively.
Current exchange rate on March 4 is 0.8053 AZN/USD.
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