Loan portfolio of banks in Azerbaijan grew by 17% for Jan-Oct

11:22 - 29.11.2022

November 29, Fineko/abc.az. The loan portfolio of Azerbaijani banks in October 2022 increased by AZN 313.6 million against September.

ABC.AZ reports with reference to the CBA that as of 1 November 2022 banks’ loan portfolio amounted to AZN 19.47 bn. At the end of September, the banks' loan portfolio reached AZN 19.157 bn.

As of 31 December 2021, banks' loan portfolio totaled AZN 16.659 bn. Over the past 10 months banks' loan portfolio grew by 16.7%.