Lankaran residents rank 1st place on NBC Bank overdue loans


January 24, Fineko/abc.az. Sumgait occupies the 2nd place after Baku on the quantity of loans from NBC Bank.

ABC.AZ reports with reference to the Bank's financial indicators that NBC Bank's loan portfolio amounted to AZN 252.598 million at the end of 2019.

AZN 239.4 million of the Bank's loans accounts for Baku (95% of the total number of this bank’s loans). In Sumgait, NBC Bank gave loans in the total amount of AZN 5.446 million, and overdue loans total AZN 404,000 (or 7.4%) of them.

Ganja follows Sumgait on the number of NBC Bank’s loans – in the total amount of AZN 4.92 million, and overdue loans reach AZN 394,000 or 8% of them.

NBC Bank gave loans for AZN 1.657 million in Lankaran, including overdue loans for AZN 215,000 (12.9%), for AZN 1.134 million in Sheki, including overdue loans for AZN 104,000 (9.1%).

As a whole, NBC Bank has overdue loans for AZN 9.048 million or 3.58% of the given loans.

By Elmir Murad