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Troubled loans decrease â€“ Central Bank

Troubled loans decrease â€“ Central Bank

07 December 2015 09:01 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. As of November 1, 2015, provision of crediting by Azerbaijan-based credit organizations stood at AZN 18,566.4 mln, up AZN 724.9 mln or 4.06% from 2014.

Compared to October 1, the loans allocated by credit organizations fell AZN 547.1 mln or 2.86%.

Overdue credits in provision of crediting amounted to AZN 1,301.9 mln, up AZN 358.5 mln or 38%. The troubled loans fell AZN 51.9 mln or 3.83% in October.

Share of overdue credit in provision of crediting makes 7.01%.

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