Portfolio of banks' business loans shows decline

12:29 - 23.08.2023


August 23, Fineko/abc.az. The portfolio of business loans of banks dropped by AZN 27.8 million in July 2023.

The total portfolio of business loans of banks amounted to AZN 11,650.5 million at the end of June 2023, AZN 11,622.7 million  at the end of July, ABC.AZ reports citing the Central Bank.

In July, the total loan portfolio of banks increased by AZN 75.8 million, reaching AZN 21,372,000. In particular, the portfolio of consumer loans increased by AZN 51.3 million, up to AZN 6,376 million, the portfolio of mortgage loans increased by AZN 52.3 million, to AZN 3,373.3 million.

For 7 months of 2023, the loan portfolio of banks increased by AZN 1,777.6 million.