Azerbaijan Begins Attracting Deposits From Eastern Zangezur Economic Region (Exclusive)

(MENAFN- Trend News Agency) BAKU, Azerbaijan, December 26. Azerbaijan has started attracting deposits from the Eastern Zangezur economic region, the Central bank of Azerbaijan (CBA) told Trend .

As per the bank's data, the number of deposits drawn from this region reached 392,000 manat ($230,589), with an average interest rate of 1.81 percent as of December 1, 2024.

Of this total, 388,000 manat ($228,238) were in the national currency, while 4,000 manat ($2,352) were in freely convertible currency.

Azerbaijan initiates the mobilization of capital inflows from the Eastern Zangezur economic zone.

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