Overdue loans make 15% of Azerbaijan's total loan portfolio

Baku. 9 October. REPORT.AZ/ Non-performing loans made 1.824 billion AZN in Azerbaijan as of September 1, 2017.

Report informs citing the Central Bank of Azerbaijan (CBA), this figure is more by 11.2 mln AZN or 0.62% in comparison with August 1, 2017.

Overdue loans grew by 351.4 mln AZN or 23.86% compared to the beginning of the year, also, by 231.1 mln AZN or by 14.51% in the last year.

Share of overdue loans in the total loan portfolio to late August made 14.74%. This ratio made 14.1% at the end of July, 8.95% at the end of last year and 9.46% at the end of August 2016.