Azerbaijan sees 40% rise in centralized credits

Azerbaijan sees 40% rise in centralized credits
# 05 April 2011 11:17 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of March 1, 2011, Central Bank of Azerbaijan’s portfolio on refinancing operations made AZN 1 789 mln. According to CBA, the centralized credits given to commercial banks rose AZN 534.2 mln or 39.7%. The growth was AZN 17.2 mln or 0.9% in January-February, 2011.

Remind that, the average monthly growth of centralized loan portfolio made AZN 45.5 mln. This index was AZN 90.5 mln during the crisis.
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