Bank Of Baku

Azerbaijan sees rise in overdue credits

Azerbaijan sees rise in overdue credits
# 30 September 2010 13:54 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of September 1, 2010, the volume of overdue credits of Azerbaijan-based banks and non-banking organizations made AZN 423.7 mln, up by 1.5 times compared with a year ago, Central Bank of Azerbaijan told APA.

According to CBA, the overdue credits reached 4.8% year-on-year.



* End of period

As you see, during the last 5 years, share of overdue credits was up in its maximum limit.
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