• $
  • £

Azerbaijan posts 12% decline in troubled loans

Azerbaijan posts 12% decline in troubled loans
23.05.2023 13:00
As of May 1, 2023, the overdue loans in Azerbaijan stood at 591.8 million manats ($348.1 million), up 0.2% from the previous month.

According to the Central Bank of Azerbaijan, this figure is 0.3% less than in early 2023 and 12.3% less than a year earlier.

In the reporting period, the share of troubled loans in the total loan portfolio was 2.8%, while this figure was 2.9% in late March, 2.9% in late 2022, and 3.7% as of April 1, 2022.





www.anews.az
Similar news
Similar news
Bring your loan to Birbank and get up to 6% discount
Business 15:29
Bring your loan to Birbank and get up to 6% discount
Yelo Bank supports the "Sound of Land" cultural program at Baku Urban Week
Business 15:20
Yelo Bank supports the "Sound of Land" cultural program at Baku Urban Week
Georgia’s trade with Azerbaijan rises 8.4% in January-April
Business 12:30
Georgia’s trade with Azerbaijan rises 8.4% in January-April
Slovakia considers 10-year deal to replace Russian gas with Azerbaijani supplies
Business 12:00
Slovakia considers 10-year deal to replace Russian gas with Azerbaijani supplies
Azerbaijan’s central bank keeps dollar rate unchanged at 1.7 manats
Business 11:00
Azerbaijan’s central bank keeps dollar rate unchanged at 1.7 manats
Aliyev says Hormuz crisis has no major impact on Azerbaijan’s supply chains
Business 09:59
Aliyev says Hormuz crisis has no major impact on Azerbaijan’s supply chains
Aliyev says Azerbaijan leads globally by number of countries supplied with pipeline gas
Business 09:30
Aliyev says Azerbaijan leads globally by number of countries supplied with pipeline gas
Azerbaijan exported nearly $10 million worth of goods to Armenia in January-April
Business 14:00
Azerbaijan exported nearly $10 million worth of goods to Armenia in January-April
S&P places DavrBank’s rating on positive CreditWatch after ABB deal announcement
Business 13:00
S&P places DavrBank’s rating on positive CreditWatch after ABB deal announcement
Anews TV

Our official Youtube channel

Subscribe