11:48 - 27.07.2023

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July 27, Fineko/abc.az. For the first time, the Central Bank of Azerbaijan has published information on the distribution of the business portfolio by business entities.

ABC.AZ reports that in June, compared with the end of May, the portfolio of business loans of banks increased by AZN 479.7 million and reached AZN 11.65 bn.

45.6% of business loans or AZN 5.312 bn were given to large businesses, 21.1% or AZN 2.45 bn to medium-sized businesses, 15% or AZN 1.75 bn to small businesses, 18.3% or AZN 2.134 bn to microenterprises.

33.3% of business loans or AZN 3.885 bn are owed to banks by small and medium-sized businesses.