Number of borrowers in Azerbaijan continues to rise

Number of borrowers in Azerbaijan continues to rise
# 04 March 2015 12:01 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. As of February 1, 2015, number of borrowers in Azerbaijan made 2,342,233 persons, up 17.7% or 353,077 persons from previous year, Central Bank of Azerbaijan told APA-Economics.

Of this, 10,822 are legal entities, 2,310,615 individuals and 20,796 business entities.

According to statistical data, 348,454 persons have been added to the list of individual borrowers since January, 2014. Legal entity borrowers list added 613 persons, business entities – 4,010.

In January, 2015, number of individuals borrowed from banks rose 25,389, business entities – 287 and legal entities – 47.

In January, appeals received by the Centralized Credit Organization (CCO) rose 69.09%. The CCO received 338,820 appeals from member organizations. 322,947 of these appeals have been received from banks. 15,873 persons appealed to get information about credit history.

Individuals’ appeals rose 1.6 times in January. The number of appeals made 15,873 in January, 2015.

The number of borrowers with the information in credit registry makes 2,342,233, number of credit information – 9,159,169. Guarantors made 1,083,605.

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