Baku 7° C
Azerbaijan sees decrease in problem loans
Finance
- 27 January, 2021
- 08:26
Overdue loans in Azerbaijan as of January 1 this year amounted to 893.1 million manats ($525.6 million), Report informs referring to the Central Bank of Azerbaijan.
This is 3.2 percent less compared to December 1 last year.
Problem loans over the past year have decreased by 29.8 percent.
The share of overdue loans in the total loan portfolio at the end of 2020 was 6.1 percent. At the end of 2019, this figure was 8.3 percent.
Author
Latest News
21:28
Azerbaijan strengthens southern branch of Middle Corridor via new association
Infrastructure21:14
Napoli coach Conte gets two-game ban and fine after red card vs. Inter
Football21:00
Venezuela's FM: Presidential duties fulfilled, state institutions remain active
Foreign policy20:50
Hamas to elect first leader since Sinwar killed by Israel, sources say
Other countries20:41
Syrian President to pay official visit to Germany on Jan. 19
Other countries20:32
Bayramov: Azerbaijan hopes peace, stability to be established in Venezuela
Foreign policy20:26
US labels 3 Muslim Brotherhood branches as terrorist organizations
Other countries20:16
Trump urges Iranians to continue protests
Other countries20:00