Bank Of Baku

CBA: We do not observe excessive borrowing among the population

CBA Governor Taleh Kazimov

© APA | CBA Governor Taleh Kazimov

# 29 October 2026 12:12 (UTC +04:00)

The Central Bank of Azerbaijan (CBA) does not observe a sharp increase in the population's debt levels or cases of excessive borrowing, CBA Governor Taleh Kazimov said at a press conference dedicated to the monetary policy decision, APA-Economics reports.

According to him, the Central Bank regularly assesses the population's debt levels and conducts relevant analyses.

Taleh Kazimov noted that consumer lending has increased. However, he stated that the growth has mainly been driven by lower-risk borrowers, which he described as higher-quality borrowing.

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED