Azerbaijan-based banks see 18% growth in overdue credits

Azerbaijan-based banks see 18% growth in overdue credits
# 04 July 2014 11:25 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of June 1, 2014, Azerbaijan-based banks’ provision of crediting made AZN 16,595.4 mln, up AZN 3,189.1 mln or 23.8%.

Household loans made AZN 6,741.6 mln or 40.6%, up AZN 1.653 mln or 32.5% compared to a year earlier.

Overdue credits increased by AZN 136.3 mln or 17.7% to AZN 905 mln.

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