Bank Of Baku

Azerbaijan-based banks see 28% growth in provision of crediting

Azerbaijan-based banks see 28% growth in provision of crediting
# 05 May 2014 08:32 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. As of April 1, 2014, Azerbaijan-based banks’ provision of crediting made AZN 15,941.2 mln, up AZN 3,490.1 mln or 28%.

 

In March , the provision of crediting rose AZN 273.3 mln or 1.7%,

 

Household loans made AZN 6,510.2 mln or 40.8% rising AZN 1,789.3 mln or 37.9% year-o-year.

 

Overdue credits increased by AZN 92.9 mln or 12.2% to AZN 853.7 mln and share slipped from 6.1% to 5.4%.

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