Loans to private entrepreneurs exceed 2 billion manats

12:48 - 28.11.2023


November 28, Fineko/abc.az. The volume of bank loans given to private entrepreneurs in Azerbaijan increased by 2.2% in October to 2.781 billion manats.

ABC.AZ reports with reference to the Central Bank that the volume of loans given to persons engaged in entrepreneurship in Azerbaijan without establishing a company at the beginning of the year amounted to 2.156 billion manats.

This means that the portfolio has grown by 37% in the first 10 months.

The volume of bank loans given to private entrepreneurs in Azerbaijan over the past three years has only continued the upward trend.

The volume of deposits of private entrepreneurs in banks amounted to 292.9 million manats, and 29.7 million manats of them are equivalent to deposits in foreign currency.

 

Other news