Azerbaijan increases share of consumption loans

Azerbaijan increases share of consumption loans
# 07 September 2012 13:33 (UTC +04:00)
Baku. Vahab Rzayev - APA-Economics. As of August 1, 2012, total crediting in Azerbaijan’s economy made AZN 10,826.4 mln, up 18.7% from year earlier.

Central Bank of Azerbaijan says share of consumer lending makes 35.4%, up 2.4 times from previous year, 0.3 percentage points from a month ago.

Second place was held by credits for trade and service sphere with the share of 26.0%. Share of construction and property loans is 9.5%, industry and production loans – 6.1%, agriculture and processing loans – 4.7%, transport and communication loans – 3.7%, energy, chemistry and natural resources loans – 2.6% and other spheres loans – 12.0%.
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THE OPERATION IS BEING PERFORMED