Azerbaijan posts 26% decline in troubled loans

Kanan Sadigov
Post's 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.

Latest news

Bodies of four people who died in AZAL plane crash and seven injured survivors brought to Baku 26 December, 2024 / 21:00
Work with black boxes from crashed AZAL plane to begin after experts arrive from Brazil 26 December, 2024 / 20:57
Prime Minister of Pakistan visits Embassy of Azerbaijan in Islamabad 26 December, 2024 / 20:49
Tajikistan FM visits Embassy of Azerbaijan in Dushanbe 26 December, 2024 / 20:40
Deputy Minister: Survivors of crashed AZAL aircraft received excellent medical care in Kazakhstan 26 December, 2024 / 20:29
Another black box found at AZAL plane crash site 26 December, 2024 / 20:22
Bodies of 4 Azerbaijani citizens who died in plane crash soon to be brought to Baku 26 December, 2024 / 20:13
Kazakhstan's Minister of Transport reveals details of plane crash in Aktau 26 December, 2024 / 19:59
Deputy PM: Embraer representatives expected to arrive in Aktau tomorrow 26 December, 2024 / 19:45
Dagestan sincerely shares Azerbaijan's grief, head of republic 26 December, 2024 / 19:38
Andrzej Duda expresses condolences to President of Azerbaijan 26 December, 2024 / 19:31
Samir Rzayev: 7 survivors from AZAL's crashed plane in Aktau transported to Baku 26 December, 2024 / 19:19
Deputy FM of Turkmenistan shares grief of Azerbaijani people on day of mourning 26 December, 2024 / 19:14
President of China sends letter of condolences to Azerbaijani President 26 December, 2024 / 19:01
Rais of Tatarstan sends letter of condolences to President Ilham Aliyev 26 December, 2024 / 18:55