Troubled loans increases by 40in Azerbaijan

Troubled loans increases by 40in Azerbaijan
# 24 January 2012 08:01 (UTC +04:00)
The State Statistical Committee says 33.2% of credit investment was carried out by state, 64.2% - by private banks, 2.6% - by non-banking credit organizations. AZN 6,758.9 mln or 68.6% of credits made by long-term loans, AZN 3,093.9 mln or 24.9% – short-term loans, AZN 636.7 mln or 6.5% - overdue loans.

Compared to last year, the volume of long-term credits rose 3.3%, short-term loans – 21.5%, overdue credits – 39%.
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