Over the past month, 4 out of the 32 commercial banks have changed the interest rates of deposits (International Bank of Azerbaijan (IBA), Bank of Baku, Bank BTB and Rabita Bank). The changes have affected both classical and accumulative deposits.IBA specified the annual yield on dollar deposits at the level of 3%, although the bank previously promised a yield of 3-3.25% depending on the time of receipt of monthly interest income (monthly or per...

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