Baku. Vahab Rzayev - APA-Economics. As of June 1, 2011, Azerbaijan-based credit unions’ total loan portfolio stood at AZN 8,750.4 mln, up AZN 16.9 mln or 0.2% from year earlier.
At the same time, loan portfolio has decreased by 4.5% or AZN 413 mln since early 2011.
As at June 1, 2011, the overdue credit made AZN 551.8 mln, and this makes 6.3% of total loan portfolio. Note that, this index was 4.4% in early 2011.
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