BAKU, Azerbaijan, Aug.25
By Zeyni Jafarov - Trend:
Lending to the Azerbaijani economy amounted to over 14.9 billion manat ($8.76 billion) from January through July 2021, Trend reports with reference to the Central Bank of Azerbaijan (CBA).
According to the CBA, this figure is 5.7 percent or 809.5 million manat ($476.1 million) more compared to the beginning of the year and 5.4 percent 762 million manat ($448.2 million) more compared to the same period of last year.
The population's deposits in the banks of Azerbaijan in the specified period amounted to 8.6 billion manat ($5.05 billion), which is 10.7 percent or 831.7 million manat ($489.2 million) more compared to the same period of 2020.
Earlier, Chairman of the Central Bank Elman Rustamov said that 86.5 percent of all deposits of the population are insured.
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