Central Bank of Problem Loans

Central Bank of Azerbaijan announced the amount of loans overdue on January 1 of the current year.

According to haqqin.az, with reference to the Central Bank, this figure is 719.4 million manat.

Problem loans in the country decreased in December by 8.5%, and from January 1 last year – by 9.5%. Overdue loans at the end of December accounted for up to 4.2% of the total amount of credit investments. This figure amounted to 4.7% by the end of November and 6.1% by the beginning of last year.