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Well–known financial agency`s forecast on Azerbaijani banks

28.09.2020,12:53


September 28, Fineko/abc.az. S&P Global Ratings Agency has published a forecast concerning the commercial banks in Azerbaijan.

ABC.AZ reports that according to Agency's latest forecast, the ratio of commercial banks' demand to the economy in Azerbaijan will be 22.4% this year.

The Agency expects that this indicator will gradually decrease in 2021-22 and will remain at the level of 20.5% and 19.6%, respectively, and in 2023 will remain unchanged at 19.6%.