Azerbaijan sees decline in troubled loans

As of July 1, 2019, the overdue loans in Azerbaijan amounted to AZN 1,486,500,000, down 0.5% from previous month, 6.2% from early 2019, and 14.85% from a year earlier, Report informs citing the Central Bank of Azerbaijan.

Troubled loans constituted 11% in the total loan portfolio, against 11.3% in late May, 12.2% in late 2018 and 14.4% in late June 2018.