Loan portfolio of credit institutions reaches AZN 13 bn this year

16:42 - 20.06.2019

June 20, Fineko/abc.az. The loan portfolio of banks and non-bank credit institutions of Azerbaijan amounted to AZN 13.01 bn.

The State Statistics Committee informs that as of 1 May 2019 country’s long-term loans accounted for AZN 10.405 bn or 80% of the total loan portfolio.

97.4% of the loans were given by banks, while 2.6% by non-bank credit organizations and credit unions.

The volume of overdue loans by early May totaled AZN 1.503 bn or 11.6% of all the loans.

 

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