Bank Of Baku

Centralized crediting increases by 20% in Azerbaijan

Centralized crediting increases by 20% in Azerbaijan
# 09 December 2011 07:33 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of November 1, 2011, portfolio of centralized loans given to commercial banks made AZN 1.996 bln, up 20.4% compared to last year. CBA says this figure rose 7.2% since the beginning of current year.

It is the weakest growth rate, observed in the past 4 years. Thus, the volume of refinancing increased by 41.6% during the last year, but the growth rate was higher in the previous years:


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