Retail deposits reached 5.11 AZN bil in 2012 in Azerbaijan, according to the National Central Bank. This is 24.1 % more than in the previous year.
Historically, retail deposits in Azerbaijan reached an all time high of 5.11 AZN bil in 2012 and an all time low of 0.017 AZN bil in 1995. When compared to Azerbaijan's main peers, retail deposits in Azerbaijan amounted to 5.11 AZN bil and 14,251 RUB bil in Russia in 2012.
Azerbaijan has been ranked 62nd within the group of 66 countries we follow in terms of retail deposits, 30 places behind the position seen 10 years ago.
A bank retail deposit is money placed into a banking institution for safekeeping by physical persons.