Troubled loans constitute 5% of total loan portfolio 

Troubled loans constitute 5% of total loan portfolio  As of November 1, 2021, the overdue loans in Azerbaijan stood at 815.9 million manats, down 6.3% from the previous month.
Finance
November 23, 2021 11:50
Troubled loans constitute 5% of total loan portfolio 

As of November 1, 2021, the overdue loans in Azerbaijan stood at 815.9 million manats, down 6.3% from the previous month.

According to the Central Bank of Azerbaijan, this figure is an 8.65% decrease from early 2021 and an 18.9% decline from a year earlier.

In the reporting period, the share of troubled loans in the total loan portfolio was 5%, while this figure was 5.5% on October 1 and 6.8% on January 1, 2021.

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