12:52 - 4.11.2024

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 November 4, Fineko/abc.az. The return on assets of the Azerbaijani banking sector (RoAA) in 2024-2026 will make up 2.1% and the return on equity of the sector (ROE) – 16%.

ABC.AZ reports that this is stated in the forecast of international credit rating agency S&P Global Ratings on the banking sector of Azerbaijan.

The rating agency predicted an increase in unsecured loans to the banking sector to 3.0% this year, 3.2% in 2025 and 3.4% in 2026. The agency also determined that loan losses will make up 1.2% of the total portfolio in the period from 2024 to 2026.

S&P forecasts that the bank loan deposit rate (LDR) will be 105.1% in 2024, 110.7% in 2025 and 116.5% in 2026.