Azerbaijani banks expect demand for consumer loans to grow by 13%
Finance
- 11 September, 2023
- 12:59
Add Report.az to preferred Google sources
Stay up to date with the top news!
Azerbaijani banks expect demand for consumer loans to grow by 13% in the third quarter of 2023, Report informs, citing a survey on lending by the Central Bank of Azerbaijan (CBA).
In addition, in the third quarter, demand is projected to increase by 6% for car loans, by 17% for card loans, by 10% for salary-based loans, and by 8% household loans.
According to the survey results, in the second quarter of this year, the demand for consumer loans in Azerbaijani banks increased by 29%.
Azərbaycan bankları istehlak kreditlərinə olan tələbin 13 % artacağını gözləyir
Банки Азербайджана ожидают рост спроса на потребительские кредиты на 13%
Latest News
12:50
MP Tahir Mirkishili proposes establishment of Institute of Azerbaijanism
Domestic policy
12:47
Mauritius temporarily closes schools after night of unrest over police shooting
Other countries
12:39
Milli Majlis ratifies 2 agreements, 1 treaty between Azerbaijan, Kyrgyzstan
Milli Majlis
12:35
Pakistani ambassador meets with ASAN Service chairman
Foreign policy
12:34
Thongloun Sisoulith announces visits by Lao ministers to Azerbaijan
Foreign policy
12:29
President of Laos praises Azerbaijan's rapid development
Foreign policy
12:19
Visa gets Beijing's green light for bank card business
Other countries
12:09
AzFina: Development of digital financial ecosystem entails new risks
Finance
11:59
Turkic states plan to establish common payment systems
Finance