Troubled loans up in Azerbaijan
Finance
- 27 May, 2021
- 11:10
As of May 1, 2021, the overdue loans in Azerbaijan amounted to AZN 1,921.5 million, up 0.4% from the previous month, 3.2% from early 2021, and down 25.2% from a year earlier, Report informs citing the Central Bank of Azerbaijan.
As of late April, the share of troubled loans in the loan portfolio made up 6.1%, while this figure was 6.1% in late 2020, and 8.1% at the end of April 2020.
Latest News
21:26
Photo
Azerbaijani Defense Industry Minister holds meetings at World Defense Show 2026 in Riyadh
Domestic policy21:24
President: I hope that the project to lay a fiber-optic cable in the Caspian Sea will be completed this year
ICT21:19
Ilham Aliyev: Students of secondary schools should be provided with basic knowledge in digitalization
Domestic policy21:14
Ilham Aliyev: Azerbaijan is working in strategic partnership format with world's leading powerhouses
Foreign policy21:10
Ilham Aliyev: Each state agency should designate a deputy for digitalization, AI, and cybersecurity
Domestic policy21:06
Ilham Aliyev: Over past 20 years, Azerbaijan's generation capacity has almost doubled
Domestic policy21:03
Ilham Aliyev: Over past 20 years, more than $350B have been invested in Azerbaijani economy
Domestic policy20:59
Photo
President Ilham Aliyev chaired meeting dedicated to the unified action plan on "Azerbaijan's New Digital Architecture"
Domestic policy20:53