Bank Of Baku

Central Bank of Azerbaijan: No ban was imposed on banks to give loans in manat

Central Bank of Azerbaijan: No ban was imposed on banks to give loans in manat
# 10 April 2015 09:58 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. Recently, some media outlets release information that Central Bank has imposed ban on the banks to give loans in manat

 

CBA told APA-Economics that the regulator has not given any instruction to banks to ban giving loans in manat.

 

Azerbaijan-based banks have their rights to give loans in currency which they want.

 

Presently, the banks continue to give loans in manat and foreign currency.

 

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