Bank Of Baku

CB: Overdue credits make 6% of total provision of crediting

CB: Overdue credits make 6% of total provision of crediting
# 14 May 2015 14:07 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. As of April 1, 2015, total provision of crediting by Azerbaijan-based credit organizations stood at AZN 20,632.3 mln, up AZN 4,742.8 mln or 29.85% from previous year.

 

Central Bank of Azerbaijan told APA-Economics that as of April 1, the overdue credits made AZN 213.3 mln of provision of crediting rising AZN 359.6 mln or 42.12%.  

 

During past month, overdue credits rose AZN 75.1 mln or 6.6%.

 

Share of overdue credits in provision of crediting makes 5.9%.

 

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