Bank Of Baku

Loans in construction and property sector increase by 50% in Azerbaijan

Loans in construction and property sector increase by 50% in Azerbaijan
# 29 December 2012 13:55 (UTC +04:00)

 

Baku. Ali Ahmedov – APA-Economics. As of November 1, 2012, the consumption loans in Azerbaijan made AZN 4,136.7 mln, up 28.8% from year earlier.

 

Central Bank says the credits given to trade and service sector rose 10.7% to AZN 2,915.5 mln, construction and property – 49.6% to AZN 1,122.3 mln, industry and production sector – 39.9% to 815.5 mln, agriculture and processing spheres – 11.5% to AZN 539.6 mln, transport and communication – 19.9% to AZN 462 mln, energy, chemistry and natural resources – 35.7% to AZN 405 mln.

 

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