Amount of loans given to entrepreneurs has increased


December 2, Fineko/ The volume of the bank loans given to individuals engaged in entrepreneurship without the formation of a legal entity has increased again in Azerbaijan.

ABC.AZ reports that on 1 November 2021 the volume of the loans given to individual entrepreneurs reached a historical maximum of AZN 1.323 bn.  This is the dynamics of growth by AZN 61.2 million or 4.85% over the past month.

In annual comparison, the loan portfolio of individual entrepreneurs grew by AZN 516.7 million or by 64.03%.