16:55 - 16.03.2021

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March 16, Fineko/abc.az. At today's parliament meeting MP Fazayil Agamali has strongly criticized the banking system.

ABC.AZ reports that the MP, harshly criticizing the activities of the Central Bank, said that Central Bank’s head, through whose fault hundreds of thousands of Azerbaijani citizens turned out in deplorable situation, destroys the families of citizens, takes their property, and continues this mission with high interest rates to this day.

According to the MP, consumer loans in Azerbaijan at high interest rates have become a tragedy for young families.

"Entrepreneurs who have taken out a loan of AZN 50,000-60,000, which grows to a fantastic size due to fines, additional interests, for the slightest delay in paying interests, immediately confiscate real estate for AZN 200,000-250,000," the MP expressed indignation.