Azerbaijan-based banks increase lending for construction by 1.7%

Azerbaijan-based banks increase lending for construction by 1.7%
# 03 July 2012 10:45 (UTC +04:00)
Baku. Vahab Rzayev – APA-ECONOMICS. As of May 1, 2012, the loans given by Azerbaijan-based banks (including mortgage loans) for construction and purchase of real estate made AZN 633.2 mln, up AZN 254.4 mln or 67.2% from year earlier, said the Central Bank of Azerbaijan.

At the same time, the loans for buildings and purchase of buildings rose AZN 57.4 mln or 10.0%.

Note that, share of these loans in total loan portfolio made 6.1%, up 1.7% in annual comparison.
#
#

THE OPERATION IS BEING PERFORMED