Interest spread, which is the difference between interest rate on loans and deposits reached 8.66% in third quarter of 2015 in Azerbaijan, according to the National Central Bank. This is 5.73% less than in the previous quarter.
Historically, interest spread, which is the difference between interest rate on loans and deposits in Azerbaijan reached an all time high of 12.0% in 3Q2001 and an all time low of 4.14% in 1Q2003.
Azerbaijan has been ranked 21st within the group of 93 countries we follow in terms of interest spread, which is the difference between interest rate on loans and deposits.
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