Azerbaijan sees 4% decline in troubled loans

As of November 1, 2019, the overdue loans in Azerbaijan amounted to AZN 1,384,900,000, down 4% from previous month, 12.6% from early 2019, and 18.4% from a year earlier, Report informs citing the Central Bank of Azerbaijan.

Troubled loans constituted 9.6% in the total loan portfolio, against 10.1% in late September, 12.2% in late 2018 and 13.8% in late October 2018.