Azerbaijan sees over 2% YoY increase in troubled loans

As of March 1, 2025, overdue loans in Azerbaijan amounted to 480.1 million manats ($282.4 million), up 1.05 percent from a month earlier, Report informs, citing the Central Bank of Azerbaijan.

In the specified period, the value of troubled loans in the country surged by 6.9 percent compared to early 2025 and grew by 2.3 percent year-on-year (YoY).

By the end of February 2025, the share of overdue loans in the total loan portfolio remained at 1.6 percent, unchanged from the end of January 2025. However, this figure stood at 1.5% at the end of December 2024 and 1.9% at the end of February 2024.