Azerbaijan sees decline in troubled loans

Namig Huseynov
Post's author

As of April 1, 2019, the overdue loans in Azerbaijan amounted to AZN 1,558,000,000, down 1.1% from the previous month, 1.7% from January 1, 8.9% by contrast to a year earlier, Report informs citing the Central Bank of Azerbaijan.

Troubled loans constituted 11.9% in the total loan portfolio, against 12.1% in late February, 12.2% in late 2018 and 14.7% in late March 2018.

Latest news

79 years pass since victory of German fascism 9 May, 2024 / 00:00
Ankara hosts Türkiye-Azerbaijan business forum 8 May, 2024 / 20:49
Azerbaijani ambassador meets with Minister of Energy Transition and Sustainable Development of Morocco 8 May, 2024 / 20:45
US ambassador to Armenia welcomes recent agreement between Yerevan and Baku 8 May, 2024 / 20:39
PM Asadov: Turkish companies are implementing projects worth $4 billion in Karabakh 8 May, 2024 / 20:32
Erdogan: Peace agreement between Baku and Yerevan should be signed as soon as possible 8 May, 2024 / 20:25
Jeyhun Bayramov meets with Head of Political Bureau in Israeli MFA 8 May, 2024 / 20:22
Ambassador: Azerbaijan to host side event focusing on environmental consequences of landmines on margins of COP29 8 May, 2024 / 19:51
President of Bulgaria and his spouse visit National Gymnastics Arena in Baku 8 May, 2024 / 19:32
Bulgarian President concludes his official visit to Azerbaijan 8 May, 2024 / 19:26
MFA: Armenia will not participate in funding CSTO activities 8 May, 2024 / 19:19
Ismail Serageldin awarded with ‘Honorary Diploma of President of the Republic of Azerbaijan’ 8 May, 2024 / 18:33
Ambassadors of CIS countries lay flowers in front of ‘Brotherhood Cemetery’ in Baku 8 May, 2024 / 18:30
Azerbaijan’s National Confederation of Entrepreneurs Organizations, Bulgarian Industrial Capital Association sign MoU 8 May, 2024 / 18:23
Presidents of Azerbaijan and Bulgaria make press statements 8 May, 2024 / 18:10