In October, volume of problem loans declined by 15.3%

15:57 - 23.11.2023


November 23, Fineko/abc.az. As of November 1, 2023, the volume of overdue loans in Azerbaijan amounted to AZN 440.4 million (15.3% less than a month earlier), ABC.AZ reports with reference to the CBA.

The amount of problem loans in the country lowered by 25.8% versus the beginning of the year and by 31.8% this year.

The share of overdue loans in the structure of the total loan portfolio at the end of October 2023 made up 1.9%. At the end of September, this figure was 2.3%, at the end of last year - 2.9%, and at the end of October last year - 3.2%.