Bad loans reach AZN 1.7 million in Azerbaijan


January 3, Fineko/abc.az. As of 1 December 2018 the amount of overdue loans in Azerbaijan totaled AZN 1.69 million.

The Central Bank of Azerbaijan informs that the share of problem loans in the total loan portfolio of domestic banks made up 13.4%.

At the same time the share of bad loans decreased by 6% by 1 November and grew by 3.8% by early 2018.