Share of problem loans in Azerbaijan reduced

16:11 - 21.12.2021


December 21, Fineko/abc.az. As of 1 December 2021 the amount of overdue loans in Azerbaijan totaled AZN 786.3 million (3.6% less than on 1 November), ABC.AZ reports with reference to the Central Bank.

According to the CBA, problem loans declined by 12% against the beginning of the year and by 14.8% over the past part of the year.

At the end of November, the share of overdue loans in the total loan portfolio made up 4.7%.

This figure was 5% at the end of October, 6.1% at the end of last year and 6.3% at the end of November 2020.

 

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