17:44 - 26.04.2023

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April 26, Fineko/abc.az. The list of banks with the largest number of net loans in the 1st quarter of 2023 among the corporate banks operating in Azerbaijan has become known.

In four banks with a net loan of AZN 1 bn, there was no decrease in their loans compared with Q1 of 2022.

ABC.AZ informs with reference to the banks' reports that the largest growth compared with Q1 of 2022 was observed on Xalq Bank. Its net loans increased by AZN 332.379 million and exceeded AZN 1.736 bn.

The smallest growth was recorded on PASHA Bank. This bank increased its net loans by AZN 83.5 million up to AZN 2.686 bn.

Most of all of the net loans, as usual, were recorded on the International Bank of Azerbaijan (ABB). These loans of the state bank exceeded AZN 3.28 bn.

The last place in the list was taken by Xalq Bank with net loan of AZN 1.736 bn.