Azerbaijan's central bank: Share of foreign currency loans falls to historical low 

Kanan Sadigov
Author

The share of foreign currency loans in Azerbaijan fell to 22% - a historical low, Chairman of the Central Bank of Azerbaijan (CBA), Taleh Kazimov, said at the plenary meeting of the parliament.

According to him, the de-dollarization is observed in deposits, too: "The share of foreign currency in the deposits of individuals fell to 38.6%, and 52% in the deposits of legal entities. The difference is related to the companies operating in the oil and gas sector."

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