Bank Of Baku

Troubled loans decreases by 9% in Azerbaijan from the beginning of year

Troubled loans decreases by 9% in Azerbaijan from the beginning of year
# 30 October 2019 16:37 (UTC +04:00)

As of October 1 of this year, the volume of overdue loans in Azerbaijan amounted to AZN 1 442,9 mln, which is 3,2% or AZN 48,4 mln less over the last month, APA-Economics reports citing Central Bank of Azerbaijan.

The volume of troubled loans in the country from the beginning of the current year decreased by 9% or AZN 142,1 mln, while it decreased by AZN 305,8 mln. or 17,5% in comparison to the same period of the previous year.

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