Central Bank takes into account credit risks in consumer portfolio

16:32 - 15.04.2025


April 15, Fineko/abc.az. The Central Bank has published a financial stability report for 2024.

ABC.AZ informs that the report contains a number of interesting data. It was noted that credit risks in the consumer portfolio are under the attention of the Central Bank:

"In 2024, the non-functional portfolio of consumer loans increased by 25% in nominal terms (50 million manats) and amounted to 246 million manats. However, as the growth rate of consumer lending is also high compared to the end of last year, the non-performing loans ratio increased only by 0.08 percentage points to 2.92%. It should be noted that 54% of consumer loans were given to individuals working in the public sector with fixed income."