Share of consumer lending in Azerbaijan reaches 40%

Share of consumer lending in Azerbaijan reaches 40%
# 10 December 2013 14:40 (UTC +04:00)

First place in the provision of crediting was held by consumer lending. So, household loans made AZN 5,886.7 mln or 39.3% of total provision of crediting, up AZN 750.0 mln or 42.3%. Share of consumer lending rose 3.8 percentage points and approaches 40%.

As of November 1, the overdue credits stood at AZN 783.2 mln, up AZN 19.5 mln or 2.6% from 2012. At the same time, share of overdue credits reduced to 5.2% from 6.6%.

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