Troubled loans rise in Azerbaijan

Troubled loans rise in Azerbaijan
# 07 September 2015 11:26 (UTC +04:00)

Baku.Yegane Lachinzade - APA-Economics. As of August 1, 2015, AZN 20,187,500,000 has been given to the legal entities and individuals, up ZAN 3,153.5 mln or 18.51% from previous year.

Central Bank of Azerbaijan told APA-Economics that the overdue credits reached AZN 1,294,800,000, up AZN 394.7 mln or 43.85% compared to a year ago.

Share of troubled loans in total provision of crediting makes 6.4%.

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