USD 1.7

Baku 20 °C

AZ RU EN FA FR

Dark mode

POLITICS

NEWS

World

Economics

Sport

Culture news

Analysis

Blogs

Company

TOP 10

© 2004 - 2026 All copyright are reserved.

Finance

Home page

Azerbaijan posts 18% year-on-year rise in loan lending

Azerbaijan posts 18% year-on-year rise in loan lending

23 January 2010 09:41 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. As of December 1, Azerbaijanâ€™s financial system saw a 17.6% year-on-year surge in loan lending to AZN 8.1 billion, said the State Statistical Committee.

According to statistics, loaning grew by AZN 1.2 billion from a year ago despite the impact of global financial crisis.

Of the total loan extension, 47.5% was lent by state-owned bank, 50.3% by private banks and 2.2% by non-bank lending institutions.

The top body said 71.5% are long-term loans while non-performing loan rate reached 3.4%.

Finance

Azerbaijan

Azerbaijan's insurance market grows by nearly 2% this year

Vusal Gurbanov, Director General of the Central Bank of Azerbaijan

Central Bank of Azerbaijan preparing amendments to compulsory insurance regulations

Chairperson of the Supervisory Board of the Azerbaijan Insurers Association Ulviyya Jabbarova

Azerbaijan's insurance market doubles over past four years

Aliyar Mammadyarov, First Deputy Chairman of the Central Bank of the Republic of Azerbaijan

Central Bank of Azerbaijan preparing new development strategy for insurance sector

ATTENTION!

Dear user for receiving paid news sign up

Sign up

ATTENTION!

Dear user for receiving paid videos sign up

Sign up

ATTENTION!

Dear user for receiving paid photos sign up

Sign up

THE OPERATION IS BEING PERFORMED