Baku. Yegane Lachinzade - APA-Economics. As of August 1, 2016, the overdue credits in the provision of crediting in Azerbaijan stood at AZN 1,504,400,000, up AZN 170.8 million or 12.8% from a year ago.
In July the troubled loans declined AZN 35.4 million or 2.3%.
During the reporting period, loans in national currency made AZN 8,643,500,000, of which AZN 711.7 million or 8.23% are overdue credits. Loans in foreign currency amounted to AZN 8,069,900,000, of which AZN 792.7 million or 9.8% are overdue credits. Share of overdue credits in manat in total troubled loans made 47.3%, in foreign currency – 52.7%.
Share of overdue credit in provision of crediting makes 9%.
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