Azerbaijan sees 25% decline in troubled loans

Kanan Sadigov
Author

As of April 1, 2022, the overdue loans in Azerbaijan stood at 685.2 million manats, down 0.7% from the previous month.

According to the Central Bank of Azerbaijan, this figure is 4.8% less than early 2022 and 25.4% - a year earlier.

In the reporting period, the share of troubled loans in the total loan portfolio was 3.8%, while this figure was 4.2% on late 2021 and 6.2% as of March 1, 2021.

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