Azerbaijan rises overdue credits

Azerbaijan rises overdue credits
# 31 May 2010 14:08 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of May 1, 2010, the volume of overdue credits of Azerbaijan-based banks and non-banking organizations made AZAN 365.2 mln, up by 1.8 times compared with a year ago, Central Bank of Azerbaijan told APA.

According to CBA, the overdue credits reached 4.2% year-on-year.



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During the last 5 years, share of overdue credits was down from 5%.



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