• $
  • £

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
Transit freight via Azerbaijan jumps 11.6% in Jan–Jul to hit 5-year high
Business 18:00
Transit freight via Azerbaijan jumps 11.6% in Jan–Jul to hit 5-year high
AZPROMO and Abu Dhabi Investment Office explore joint investment opportunities
Business 17:30
AZPROMO and Abu Dhabi Investment Office explore joint investment opportunities
Azerbaijan harvests 93% of grain fields, securing over 3.1 million metric tons of crops
Business 16:30
Azerbaijan harvests 93% of grain fields, securing over 3.1 million metric tons of crops
Azerbaijan’s strategic foreign reserves jump 12% to approach $87 billion
Business 16:00
Azerbaijan’s strategic foreign reserves jump 12% to approach $87 billion
Azerbaijan reports state budget surplus of 3.4 billion manats in Jan–Jul
Business 15:30
Azerbaijan reports state budget surplus of 3.4 billion manats in Jan–Jul
European natural gas prices top $730 per 1,000 cubic meters
Business 14:00
European natural gas prices top $730 per 1,000 cubic meters
Bir Launches Azerbaijan’s First AI-Powered E-Wallet Assistant
Business 12:35
Bir Launches Azerbaijan’s First AI-Powered E-Wallet Assistant
US natural gas futures trade lower on NYMEX
Business 12:05
US natural gas futures trade lower on NYMEX
Brent and WTI crude prices edge higher in global trading
Business 11:30
Brent and WTI crude prices edge higher in global trading
Anews TV

Our official Youtube channel

Subscribe