Troubled loans constitute 5.5% of total loan portfolio

Kanan Sadigov
Author

As of October 1, 2021, the overdue loans in Azerbaijan stood at AZN 871.1 million, down 3.7% from the previous month.

According to the Central Bank of Azerbaijan, this figure is a 2.5% decrease from early 2021 and an 18.6% decline from a year earlier.

In the reporting period, the share of troubled loans in the total loan portfolio was 5.5%, while this figure was 5.8% on September 1 and 7.2% on January 1, 2021.

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