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Non-performing loans fall in Azerbaijan
Finance
- 02 December, 2016
- 13:42
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Baku. 2 December. REPORT.AZ/ Overdue loans in Azerbaijan amount AZN 1 375.6 million as of November 1, 2016.
Report informs, referring to Central Bank of Azerbaijan, this is AZN 221.7 million or 13.9% lower than that on October 1.
Bad loans decreased by AZN 132.9 million or 8.8% since beginning of the year, and by 5.7% during last one-year period.
Overdue loans made up 8.7% of overall credit portfolio. This indicator was 9.5% on October 1, 6.9% at the end of previous year and 7% one year ago.
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