Troubled loans up in Azerbaijan

As of May 1, 2021, the overdue loans in Azerbaijan amounted to AZN 1,921.5 million, up 0.4% from the previous month, 3.2% from early 2021, and down 25.2% from a year earlier, Report informs citing the Central Bank of Azerbaijan.

As of late April, the share of troubled loans in the loan portfolio made up 6.1%, while this figure was 6.1% in late 2020, and 8.1% at the end of April 2020.

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