Problem loans in Azerbaijan decreased by 28%

Problem loans in Azerbaijan decreased by 28%

As of July 1 of this year, overdue loans in Azerbaijan amounted to 661.2 million manats.

“Report” According to the Central Bank of Azerbaijan, this is 1.9% less than on June 1.

Problem loans in the country decreased by 8.1% compared to the beginning of the year, and by 27.7% in the last 1 year.

By the end of June, the specific weight of overdue loans in the total loan portfolio was 3.5%. This rate was 4.2% by the end of last year, and 6% by the end of June last year.

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