Azerbaijan experiences major withdrawal of corporate deposits amid economic shifts [COMMENTARY]

Azernews.Az

24 December 2024 14:00 (UTC+04:00)

Akbar Novruz

Deposits of legal entities in Azerbaijan have seen a significant drop, with a decrease of over 1.8 billion manat in just one month. As of November 1, 2024, deposits of legal entities in banks, excluding financial institutions, declined by 8.1% or 1.8 billion manat compared to the previous month, reaching 20.4 billion manat.

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