Azerbaijan registered a rise of bad loans by 31%


January 15, Fineko/abc.az. As of 1 December 2017 the rate of problem loans in Azerbaijan reached AZN 1.89 bn.

The Central Bank of Azerbaijan (CBA) reports that bad loans increased by AZN 700,000 or 0.04% versus 1 November 2017.

"Compared to early 2017, bad loans grew by AZN 417.7 million or 28.35%, year-on-year by AZN 448 million or 31.06%," the Bank said.



Keywords: problem loans