Portfolio of business loans in Azerbaijan exceeds AZN 12 bn first time

13:01 - 24.10.2023


October 24, Fineko/abc.az. In September, the loan portfolio of banks increased by 2.1% or by AZN 467.7 million and reached AZN 22.28 billion.

ABC.AZ was informed at the CBA that the structure of the loan portfolio in the specified period is as follows:

i) business loans - 54.2% (AZN 12.078 billion);

ii) consumer loans — 30% (AZN 6.68 billion) and

iii) mortgage loans – 15.8% (AZN 3.5 billion).

During the month, business loans in absolute terms grew by AZN 256.9 million, consumer loans by AZN 147.6 million, mortgage loans by AZN 63.2 million.