Over Jan-Jul problem loans exceeded AZN 1 bn


September 18, Fineko/abc.az. As of 1 August the loan portfolio of banks and other credit organizations of Azerbaijan in the equivalent of the national currency amounted to AZN 14.585 bn.

ABC.AZ informs that for this period 97.4% of loans were given by banks and 2.6% by non-bank credit organizations and credit unions.

The amount of overdue loans totaled AZN 1.62 bn (7.3% of the total loan portfolio).