Statistics Committee unveils number of overdue loans in Azerbaijan


January 22, Fineko/abc.az. The amount of overdue loans has been published in Azerbaijan. 

ABC.AZ reports with the reference to the State Statistics Committee that the amount of overdue loans makes up 9.3% of the total loan portfolio. 

According to the SSC, as of 1 December 2019 the loan portfolio of banks and other credit organizations in the national currency amounted to AZN 15.116 bn, including the long-term loans in the total amount of AZN 12.108 bn.

The loan portfolio of banks and other credit institutions observed a rise of AZN 2.55 bn or 20% for December 2019.