Number of borrowers increases 2.3 mln persons in Azerbaijan

Number of borrowers increases 2.3 mln persons in Azerbaijan
# 05 January 2015 13:23 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. As of December 1, 2014, number of borrowers in Azerbaijan made 2,289,861 persons, up 19.2% or 369,603 persons from previous year, Central Bank of Azerbaijan told APA-Economics.

Of this, 10,720 are legal entities, 2,259,061 individuals and 20,080 business entities.

According to statistical data, 365,281 persons have been added to the list of individual borrowers since October, 2013.

Legal entity borrowers list added 788 persons, business entities – 3,534.

In November, number of individuals borrowed from banks rose 27,492, business entities – 355 and legal entities – 41.

In November, appeals received by the Centralized Credit Organization (CCO) rose 30.54%. The CCO received 296,756 appeals from member organizations. 285,917 of these appeals have been received from banks. 10,839 persons appealed to get information about credit history.

Individuals’ appeals rose 6.03 times in November. The number of appeals made 1,799 in January, 3,452 in February, 4,228 in March, 5,589 in April, 4,073 in May, 4,086 in June, 9,205 in July, 6,487 in August, 8,580 in September and 9,188 in October.

The number of borrowers with the information in credit registry makes 2,289,861, number of credit information – 8,784,209. Guarantors made 1,076,859.

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