Bank Of Baku

Azerbaijan raises overdue credits

Azerbaijan raises overdue credits
# 03 December 2010 11:24 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of November 1, 2010, the volume of overdue credits of Azerbaijan-based banks and non-banking organizations made AZN 454 mln, up 56.6% compared with a year ago, Central Bank of Azerbaijan told APA.

According to CBA, the share of overdue credits reached 5% 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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