Overdue loans in Azerbaijan hit a record

Namig Huseynov
Author

Baku. 9 August. REPORT.AZ/ The overdue loans in Azerbaijan made 1 810,7 mln. AZN as of July 1, 2017.

Report informs referring to the Central Bank of Azerbaijan (CBA), it is 4,1% or 70,9 mln. AZN more compared to June 1, 2017.

In comparison with early 2017, troubled loans have increased by 338,1 mln. AZN or 23%, and in last one year troubled loans up by 270,9 mln. AZN or 17,6%.

Non-performing loans in the total credit portfolio accounted for 13% by end of June, 11,8% - by end of May, 9% - by end of last year, and 8,4% - by end of June 2016. 

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