As of August 1, 2026, household deposits in Azerbaijan increased by 15.8% year-on-year, reaching 17,896.7 million manats. This growth highlights a significant shift in savings behavior within the national banking sector, where the total deposit portfolio reached 44,501.1 million manats. Official banking data indicates these figures reflect the evolving financial landscape and capital allocation trends across the country's banking institutions.
How did different deposit segments perform?
While household deposits saw a notable 15.8% rise, the broader banking landscape showed mixed results. Deposits held by financial organizations experienced a substantial increase of 41.8%, reaching 4,360.2 million manats. Conversely, deposits from non-financial organizations declined by 4.3% compared to the previous year, totaling 22,244.3 million manats. These figures illustrate a clear divergence in capital allocation between individual savers and corporate entities within the country's financial system.
What is the total banking portfolio?
The total deposit portfolio across the Azerbaijani banking sector stood at 44,501.1 million manats as of the start of August. This aggregate figure includes both short-term and long-term holdings, with 23,823 million manats classified as short-term deposits—a 6.2% increase year-on-year—and 20,678.1 million manats in long-term deposits, which grew by 6.85%. These statistics provide a comprehensive overview of liquidity and savings trends currently shaping the national economy.
