Troubled loans constitute 8% in total loan portfolio

Kanan Sadigov
Post's author

As of January 1, 2020, the overdue loans in Azerbaijan amounted to AZN 1,273,100,000, down 9.7% from the previous month, 19.7% from a year earlier, Report informs citing the Central Bank of Azerbaijan.

Troubled loans constituted 8.3% in the total loan portfolio, against 9.3% on December 1, 2020, 12.2% in early 2019.

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