Troubled loans decline in Azerbaijan

As of June 1, 2020, the overdue loans in Azerbaijan amounted to AZN 1,084.8 million, down 12% from the previous month, 14.8% from early 2020, and 27.4% from a year earlier, Report informs citing the Central Bank of Azerbaijan.

As of late May, the share of troubled loans in the loan portfolio made up 7.3%, while this figure was 8.1% in late April, 8.3% in late 2019, and 11.3% at the end of May 2019.