Azerbaijan sees 3% decline in troubled loans

Finance
  • 30 October, 2019
  • 12:27
Azerbaijan sees 3% decline in troubled loans

As of October 1, 2019, the overdue loans in Azerbaijan amounted to AZN 1,442,900,000, down 3.2% from previous month, 9% from early 2019, and 17.5% from a year earlier, Report informs citing the Central Bank of Azerbaijan.

Troubled loans constituted 10.1% in the total loan portfolio, against 10.8% in late August, 12.2% in late 2018 and 14.2% in late September 2018.

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