Credits for construction rise 45% in Azerbaijan

Credits for construction rise 45% in Azerbaijan
# 12 September 2012 11:22 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of August 1, 2012, Azerbaijan-based commercial banks gave AZN 655.2 mln credits (including mortgage loans) for construction and purchase of real estate, up AZN 203.3 mln or 45.0% from year earlier.

At the same time, the credits for construction and purchase of buildings have increased by AZN 79.4 mln or 13.8% since early 2012.

Share of these credits in total loan portfolio makes 6.1%, up 1.1 percentage points.

Note that, State Statistical Committee says AZN 671.8 mln was directed to only construction of apartments during January-July, 2012. As it seems, only AZN 79.4 mln or 11.8% belongs to bank credits.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED