Improving the deposit policy of commercial banks in Azerbaijan
Journal Title: International Research Journal of Applied and Basic Sciences - Year 2016, Vol 10, Issue 6
Abstract
A lending potential and objectives that cause the rise of banking system in Azerbaijan Republic have been studied. The role of the specific weight of deposits in foreign currency is analyzed. This paper presents the list of the first ten banks in terms of deposit portfolio. It is noted that an increase in the share of deposits in foreign currency is directly related to the February devaluation processes in the economy. It was found that the growth of the banking system of Azerbaijan needs to enhance the competitiveness of domestic banks on the basis of the merger and increasing bank capital.
Authors and Affiliations
Tahmina Aliyeva| ADİU (UNEC), Chair of “ Finance and Financial Institutes”, F. Kashiyeva| ADİU (UNEC), Chair of “ Finance and Financial Institutes”, Emin Garibli| ADİU (UNEC), Dosent of “International Economics”, S. J Babayeva| ADİU (UNEC), Chair of “Economic theory ”, Gulnar Hanlar Samadova| ADİU (UNEC), Azerbaijan National Academy of Sciences, Institute of Economy
Keywords
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