Consumer loan portfolio of Azerbaijani banks grew by 1.476 billion manats

12:03 - 2.12.2024


December 2, Fineko/abc.az. As of November 1, 2024, the consumer loan portfolio of Azerbaijani banks amounted to 8.227 billion manats.

ABC.AZ informs that according to Central Bank’s monthly statistical bulletin, the consumer loan portfolio increased by 75 million manats (0.9%) on a monthly basis, by 1.29 billion manats (18.6%) compared with the end of last year, and by 1.476 billion manats (21.9%) on an annual basis.

The portfolio of consumer loans as of October 1, 2024 totaled 8.15 billion manats, as of January 1 – 6.937 billion manats, for Jan-Oct 2023 – 6.75 billion manats.