Azerbaijan posts 26% decline in troubled loans

Kanan Sadigov
Author

As of January 1, 2024, overdue loans in Azerbaijan amounted to 437.8 million manats ($257.53 million), down 0.6% from a month earlier, and 26.3% from a year earlier, Report informs, citing the Central Bank of Azerbaijan.

By the end of December 2023, the share of overdue loans in the total loan portfolio was 1.8%, while this figure was 1.9% at the end of November and 2.9% at the end of 2022.

Other News

Gold, silver prices hit highest levels since July 14 22 July, 2026 / 12:10
Azerbaijan's State Social Protection Fund expenditures rise over 10% 22 July, 2026 / 10:33
CBA currency exchange rates (22.07.2026) 22 July, 2026 / 09:11
Key indicators of world commodity, stock, and currency markets (22.07.2026) 22 July, 2026 / 08:59
CBA currency exchange rates (21.07.2026) 21 July, 2026 / 09:45
Key indicators of world commodity, stock, and currency markets (21.07.2026) 21 July, 2026 / 09:16
Baku Stock Exchange signs listing agreement with Kazakhstan's JET Group 20 July, 2026 / 15:22
Azerbaijan's CBA, UK Chartered Insurance Institute move toward strategic partnership 20 July, 2026 / 12:39
CBA currency exchange rates (20.07.2026) 20 July, 2026 / 09:16
Ranking of banks in Azerbaijan by profit tax paid (January-June 2026) 18 July, 2026 / 17:17
Ranking of banks in Azerbaijan by interest income (January-June 2026 18 July, 2026 / 15:46
Ranking of banks in Azerbaijan by deposit portfolio size (01.07.2026) 18 July, 2026 / 15:17
Key indicators of world commodity, stock, and currency markets (18.07.2026) 18 July, 2026 / 09:39
Gold prices grow to $4,000 17 July, 2026 / 20:05
Azerbaijan, UnionPay discuss expansion of QR code payments 17 July, 2026 / 17:20
Moody's completes scheduled review of Azerbaijan's ratings 17 July, 2026 / 16:00
CBA currency exchange rates (17.07.2026) 17 July, 2026 / 09:44
Key indicators of world commodity, stock, and currency markets (17.07.2026) 17 July, 2026 / 09:03
ADB appoints new vice president 16 July, 2026 / 17:09
Azerbaijan Central Bank, IMF discuss inflation forecasts 16 July, 2026 / 13:27