Bank Of Baku

Commercial loans declines in Azerbaijan’s bank system

Commercial loans declines in Azerbaijan’s bank system
# 10 March 2009 16:26 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. As of February 1, the amount of loans for trade and service sector stood at AZN 1 764.1 million in Azerbaijan’s banking system, up 42.2% on a year ago, said the National Bank of Azerbaijan.
However, the figure dropped by 7.7% or AZN 147.2 million during January 2009.
The figure shows that the January decline exceeded 2008 average monthly growth of AZN 59.8 million in loans for trade and service sector by 2.5 times.
Besides, consumer lending declined by 0.96% or AZN 22.4 million in January to AZN 2 312.5 million as of February 1.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED