Non-performing loans fall in Azerbaijan

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.