• $ 1.7
  • € 1.9832
  • ₽ 0.021692
  • ₺ 0.0394
  • £ 2.2905

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
The country’s first bank leads in total income in 2025:
1 billion 881 million 674 thousand manats
Business 10:06
The country’s first bank leads in total income in 2025: 1 billion 881 million 674 thousand manats
Azerbaijan central bank publishes daily currency rates
Business 10:00
Azerbaijan central bank publishes daily currency rates
Inflation accelerates in Azerbaijan in 2025
Business 16:30
Inflation accelerates in Azerbaijan in 2025
Azerbaijan Oil Prices Surpass Budget Benchmark: Trading Above $71
Business 13:30
Azerbaijan Oil Prices Surpass Budget Benchmark: Trading Above $71
Azerbaijan rail operator switches to heightened operations amid adverse weather
Business 13:00
Azerbaijan rail operator switches to heightened operations amid adverse weather
Bitcoin rises 4.5% amid broader crypto market gains
Business 12:30
Bitcoin rises 4.5% amid broader crypto market gains
Gold and Silver Surge to Historic Highs
Business 10:30
Gold and Silver Surge to Historic Highs
Switzerland sanctions three Azerbaijani nationals
Business 10:00
Switzerland sanctions three Azerbaijani nationals
Euro slips, rouble weakens – exchange rates
Business 09:30
Euro slips, rouble weakens – exchange rates
Anews TV

Our official Youtube channel

Subscribe