16:57 - 27.05.2024

---

May 27, Fineko/abc.az. The volume of loans given by credit institutions in Azerbaijan to persons engaged in entrepreneurial activity without forming a legal entity has increased for the past 4 months of 2024.

ABC.AZ reports with reference to the CBA that compared with the beginning of 2024, the volume of loans to individual entrepreneurs increased by 194 million manats, or 6.6%, up to 3.123 bn manats.

Compared with 2023, the volume of loans to individual entrepreneurs increased by 31%.

Of the loans given to these entrepreneurs, 3.58 bn manats were given in national currency and the equivalent of 64.3 million manats was given in foreign currency.