Rate of problem loans in Azerbaijan has reduced

12:15 - 5.12.2018

December 5, Fineko/abc.az. The amount of problem loans in Azerbaijan has decreased.

The Central Bank of Azerbaijan informs that as of 1 November the size of problem loans amounted to AZN 1.698 bn.

"The share of problem loans declined by 2.9% by October 1. Compared to the beginning of the year the problem loans increased by 4.4%, while last year they decreased by 10.1%," the CBA reported.

The Bank reports that the share of problem loans in the total loan portfolio made up 13.8% at the end of October.

 

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