Azerbaijan Interest Rates

The Azerbaijani economy with a population of 9.49 M (est 2014) ranks 71st in the world. It has a GDP PPP of $102.8 Billion and GDP PPP per capita of $11,044 vs. $53,101 (United States) according to the IMF in 2013. The national currency is the Azerbaijani manat (AZN) that is issued by Central Bank of Azerbaijan ( Local banks in the country offer fixed-term deposits including multi currency deposits denominated US dollars or Euro. Inflation in the country was estimated to be 2.4% in 2013 and 1.1% in 2012 by the website.

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Azerbaijan Banks

Showing rates for 5 Bank deposit providers in Azerbaijan.
Bank Branch Founded Ownership
Access Bank Access Bank 42 2002 Foreign
Bank Respublika Bank Respublika 32 1992 Foreign
AtaBank AtaBank 24 1993 N/A
AGBank AGBank 19 1992 Local
Deka Bank Deka Bank 8 1989 Local

Azerbaijan Discussion Activity

  • Access Bank - Deposits
    Q: Dear Sir / Madam , I am living in Hungary , and interesting your 1 year term deposit in Manat (AZN) . What is you advertised . Do I need to visit your branch Bank in Baku to open my deposit account . How does it the process ?? Also , what is the tax deduction on profit , do I have to pay ?? Kind regards Sandor Boros

    Sandor from London, United Kingdom
  • Access Bank - Deposits - Access Bank 1 Year Term Deposit
    Q: Dear Sir/Madam; I am living in Qatar; can i open bank account in Azerbaijan; what is the procedure, do i need to visit there to open Deposit Account for 1 year. And what is the tex deduction on profit. Waiting for your prompt reply. Regards; Haroon Naseem

    Haroon Naseem from Qatar
  • Deposits
    Q: can non citizens open account ?

    ravi from Calgary, Canada
  • Deposits
    Q: Can US citizens open accounts?

    George Trum from Tokyo, Japan
  • Deposits
    Q: What is the requirements to open an account in access bank and is it okay if i have a tourist visa?

    Zaid from Iraq