Troubled loans reach 12% in Azerbaijan
Finance
- 14 July, 2017
- 07:45
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 14 July. REPORT.AZ/ Total amount of the overdue loans had reached 1 739,8 mln. AZN by June 1, 2017.
Report informs referring to the Central Bank of Azerbaijan (CBA), it is 145,8 mln. AZN or 9,15 % higher compared to the previous month.
The amount of the overdue loans has increased by 225,6 mln. AZN or 14,90 % over the past year.
Notably, 11,76 % of the total credit portfolio was troubled loans as of June 2017.
This ratio was 10, 32 % in the previous month, and 8,32 % in the same period in 2016.
Azərbaycanda problemli kreditlərin xüsisi çəkisi 12%-ə çatıb
В Азербайджане удельный вес проблемных кредитов достиг 12%
Latest News
13:46
Photo
Georgian delegation visits special educational institutions under National Defense University
Military
13:38
Azerbaijan's total tax benefits and exemptions to reach AZN 7.6B in 2027
Finance
13:36
Death toll from Russian strike on Kamyshevakha rises to 53
Other countries
13:20
Minister: Education, science spending amounts to 3.8% of Azerbaijan's GDP
Education and science
13:10
First phase of Soltanli village inaugurated in Jabrayil district
Domestic policy
13:07
Hikmat Hajiyev: Azerbaijani Radio played crucial role in dissemination of national values
Media
13:01
Photo
US, Georgia discuss Middle Corridor and infrastructure opportunities
Infrastructure
13:00
16 families in Azerbaijan consent to organ donation after deaths of their loved ones
Health
12:53
Anar Akhundov: More than $350 million in incentives granted under investment promotion mechanism
Domestic policy