Azernews.Az

At first glance, the news that Azerbaijani banks paid ₼ 197.6 million ($116 million) in deposit interest as of March 1 might seem like a signal of growing prosperity and public trust in the banking system. Compared to the 125.5 million manats paid out in the same period in 2024, this represents a dramatic 57.5% year-on-year increase. But behind the figures lies a deeper, more nuanced story—one that calls for cautious optimism, not uncritical celebration.

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