Central Bank of Azerbaijan reduces loans granted to banks by tenfold

Central Bank of Azerbaijan reduces loans granted to banks by tenfold
# 30 April 2018 15:34 (UTC +04:00)

Central Bank of Azerbaijan granted loan of AZN 400,869,000 to banks in 2017, down AZN 3,660,493,000 or 10.13-fold.

As of December 31, 2017, the remaining loans with any bank did not exceed 10% of the capital.

In 2016 the remaining loans amounted to AZN 2,535,618,000.

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