The Central Bank has published interesting statistics: are depositors' incomes growing?

The Central Bank has published interesting statistics: are depositors' incomes growing?
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Economy 1

A notable increase in the volume of interest payments that banks pay on deposits has been recorded in Azerbaijan.

According to the Central Bank, in January-April 2026, commercial banks' expenses on deposit interest payments grew by 22.4% compared to the same period last year. In absolute figures, this amount reached 480 million 600 thousand manats.

However, experts point to a paradox: the deposit rates themselves did not grow as rapidly. According to the same Central Bank statistics, the average yield on newly attracted deposits during this period increased by only 0.7 percentage points.

This raises a logical question: what is behind this growth — a sharp increase in confidence in the banking sector and an influx of new deposits, or other economic factors?

More details — in the Baku TV report:

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