Bank Of Baku

Bank crediting in several regions declined

Bank crediting in several regions declined
# 13 May 2013 12:20 (UTC +04:00)

 

Baku. Ali Ahmadov – APA-Economics. During the first quarter of 2013, the loan portfolio on Azerbaijan-based bank dropped 26.2% compared with a year earlier. But, in some regions, the growth rate was various, in some regions the crediting declined. 

 

CBA says the greatest growth in loan portfolio was recorded in Kalbajar-Lachin (6.4 times) and Upper Karabakh (2.4 times).

 

At the same time, the loan portfolio rose in Aran and Mountainous Shirvan – 87.9% and 66.1%.

 

The crediting declined in Guba-Khachmaz, Ganja-Gazakh and Shaki-Zagatala. The sharpest decline in crediting was recorded in Guba-KHachmaz. 

 

In Baku, the growth rate of loan portfolio made 26.5%.

 

Annual growth of provision of credit across the regions (thousand manat)

Regions

January-March, 2013

Annual growth

Across the country

12,953,829.2

26.2%

Baku

11,369,952.3

26.5%

Absheron

359,626.3

21.7%

Aran

536,384.4

87.9%

Mountainous Shirvan

54,120.9

66.1%

Ganja-Gazakh

210,535.1

-22.7%

Guba-Khachmaz

55,945.7

-47.1%

Lankaran

166,635.6

38.8%

Shaki-Zagatala

70,574.3

-8.7%

Upper karabakh

29,434.0

+2.4 times

Kalbajar-Lachin

12,642.8

+6.4 times

Nakhchivan

87,977.8

27.8%

 

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