Azeri credit organizations’ loan portfolio doubles

Azeri credit organizations’ loan portfolio doubles
# 21 June 2007 09:14 (UTC +04:00)
As of May 1, the credit organizations of Azerbaijan lent a total of AZN 3.075 billion in loan to legal and individual bodies, up twice from a year earlier.
The State Statistical Committee told APA-Economics that the long-term loans more than doubled to AZN 1.732 billion and accounted for 56.3% of all the loan lending.
The non-performing loans amounted to AZN 129.1million, making up 4.2% of the all the all credits lent. /APA-Economics/

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