BAKU, Azerbaijan, December 26. The total volume of bank deposits of Azerbaijan's population as of November 30, 2024, increased by 1.7 billion manat ($1 billion) (13.66 percent) compared to the same period of 2023—from 12.5 manat billion ($7.3 billion) to 14.2 billion manat ($8.3 billion).
The data obtained by Trend from the country's Central Bank (CBA) shows that Baku accounted for 88.12 percent (12.5 billion manat ($7.3 billion)) of all bank deposits in the country, while regions accounted for 11.88 percent (1.6 billion manat ($941.1 million)).
At the same time, 65.89 percent (9.3 billion manat ($5.4 billion)) of the population's bank deposits were in national currency and 34.11 percent (4.8 billion manat ($2.8 billion)) - in foreign currency.
The average annual deposit rate in the country amounted to 4.37 percent (4.23 percent in Baku).
Distribution of bank deposits by regions of Azerbaijan (as of November 30, 2024):
| Volume of deposits (in manat) | Average interest rate | Share of total deposits | |
| Azerbaijan | 14.2 billion manat ($8.3 billion) | 4,37 percent | 100,00 percent |
| Baku | 12.5 billion manat ($7.3 billion) | 4,23 percent | 88,12 percent |
| Economic regions, incl. : | 1.6 billion manat ($941.1 million) | 11,88 percent | |
| Nakhchivan | 72.6 million manat ($42.7 million) | 3,68 percent | 0,51 percent |
| Absheron-Khizi | 516 million manat ($303.5 million) | 5,97 percent | 3,63 percent |
| Mountainous Shirvan | 43.9 million manat ($25.8 million) | 4,99 percent | 0,31 percent |
| Ganja-Dashkesan | 228.8 million manat ($134.5 million) | 6,05 percent | 1,61 percent |
| Karabakh | 89.5 million manat ($52.6 million) | 4,74 percent | 0,63 percent |
| Gazakh-Tovuz | 111.9 million manat ($65.8 million) | 5,70 percent | 0,79 percent |
| Guba-Khachmaz | 134.9 million manat ($79.3 million) | 5,30 percent | 0,95 percent |
| Lankaran-Astara | 127.3 million manat ($74.8 million) | 5,29 percent | 0,89 percent |
| Central Aran | 122.1 million manat ($71.8 million) | 5,25 percent | 0,86 percent |
| Mil-Mugan | 48 million manat ($28.2 million) | 3,50 percent | 0,34 percent |
| Shaki-Zagatala | 125.2 million manat ($73.6 million) | 4,42 percent | 0,88 percent |
| East Zangezur | 391,970 manat ($230,573) | 1,81 percent | - |
| Shirvan-Salyan | 70 million manat ($41.1 million) | 4,18 percent | 0,49 percent |