Azerbaijan sees 20% rise in troubled loans year-on-year

Azerbaijan sees 20% rise in troubled loans year-on-year
# 23 January 2013 08:11 (UTC +04:00)

State Statistical Committee told APA that 33.2% of lending was realized by state, 64.1% - private banks, 2.7% - non-banking credit organizations.

During the reporting period, long-term loans made AZN 8,493.3 mln, short-term loans – AZN 3,549.1 mln, overdue credits – AZN 761.1 mln.

Compared to last year, long-term lending rose 25.7%, troubled loans 19.5%, and short-term lending – 14.7%.

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