Troubled loans constitute 4.7% of total loan portfolio

As of December 1, 2021, the overdue loans in Azerbaijan stood at 786.3 million manats, down 3.6% from the previous month.

According to the Central Bank of Azerbaijan, this figure is a 12% decrease from early 2021 and a 14.8% decline from a year earlier.

In the reporting period, the share of troubled loans in the total loan portfolio was 4.7%, while this figure was 5% on October 31 and 6.1% on January 1, 2021, and 6.3% in late November 2020.