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Consumer loans increased in Azerbaijan

23.07.2021,17:16


July 23, Fineko/abc.az. The growth of consumer loans accelerated in Azerbaijan in June, ABC.AZ was informed at the Central Bank.

In June, compared with May 2021, the consumer loans in the banking sector increased by AZN 92.6 million up to AZN 3.939 bn, business loans increased by AZN 48 million up to AZN 8.729 bn and mortgage loans increased by AZN 24.9 million up to AZN 2.187 bn.

The total loan portfolio of the banking sector increased by AZN 165.5 million in June up to AZN 14.856 bn.

In May, compared with April 2021 the consumer loans increased by AZN 69.5 million, mortgage loans by AZN 16.7 million, and business loans decreased by AZN 6.6 million. In May, the total loan portfolio of the banking sector increased by AZN 79.6 million.