Bank Of Baku

Azerbaijan reports 13% drop in bank loans to private sector

Azerbaijan reports 13% drop in bank loans to private sector
# 13 May 2009 16:26 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of April 1, Azerbaijan-based banks directed 91% or AZN 5 663.5 million of loans to the private sector, said the Central Bank of Azerbaijan.

The figure is a 0.5 percentage points rise over the past one year.

While the share of private sector remained unchanged in the declining total loan portfolio, the amount of loans lent to the private sector dropped by 12.7% or AZN 821.4 million during the first quarter of 2009.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED