Share of problem loans in Azerbaijan reached 15.5%

16:31 - 22.12.2017


December 22, Fineko/abc.az. The aggregate loan portfolio of the banks and non-bank credit organizations in Azerbaijan totaled AZN 12,152.2 mln as of November 1.

The State Statistics Committee informs that of them AZN 9.869bn are long-term loans.

"The share of problem loans in the total portfolio is 15.5%," the message says.

The message says that the amount of deposits of the population in manat equivalent amounted to AZN 7,280.1 mln as of November 1. The average manat to dollar rate in October was AZN 1.70 (AZN 1.72 in the beginning of the year), AZN 2 (AZN 1.94) to the euro, AZN 0.0289 (AZN 0.0296) to the ruble.

 

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