Banks gave more than 97% of loans in 2020

11:31 - 21.04.2020

April 21, Fineko/abc.az. The banks have given 97.5% of loans in 2020.

ABC.AZ reports that according to the Central Bank, as of 1 March 2020 the loan portfolio of banks and other credit organizations in the country amounted to AZN 15.696 bn in the equivalent of the national currency.

Long-term loans accounted for AZN 12.794 bn or 81.5% of the total loan portfolio. 97.5% of loans were given by banks, 2.5% by non-bank credit organizations and credit unions. The amount of overdue loans amounted to AZN 1.297 bn and made up 8.3% of the total loan portfolio.

 

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