Number of problem loans in Azerbaijan has increased again


June 24, Fineko/abc.az. The amount of overdue loans in Azerbaijan as of 1 June of this year totaled AZN 906.9 million (1.6% more than on 1 May), ABC.AZ reports with reference to Central Bank’s statistical data.

Non-performing loans increased by 1.55% (compared with early 2021), and over the past one year they have decreased by 16.4%.

At the end of May the share of overdue loans in the total loan portfolio was 6%. This figure was 6.1% by the end of last year and 7.3% by the end of May 2020.