OREANDA-NEWS. April 14, 2010. CBA chairman of board Elman Rustamov says that growth of non-residents’ deposits in country’s banks is still increasing – their share in overall volume of deposits is not essential, but in any case it is a large sum.

“Non-residents increased by 24% the volume of their deposits in banks of Azerbaijan. This is the best confirmation of quality of country’s banking system and its high external estimates,” Rustamov said.

Rashad Orujev, the director of the CBA Department of Supervision over Credit Institutions, says in his turn that deposits of non-residents in local banks reached AZN 230 million.

“The indicator growth of 24% was registered for only three past months of 2010,” Orujev said.

As of 1st March 2010 there were retail deposits in countries’ banks for AZN 2.4 bn.