12:29 - 26.12.2023

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December 26, Fineko/abc.az. The banks' loan portfolio increased by 1.9%, or by 421.5 million mantas, reaching 22.88 billion mantas in November 2023.

ABC.AZ reports that business, consumer and mortgage loans grew by 174.8 million manats (1.4%), 118.4 million manats (1.8%) and 128.3 million manats (3.7%) respectively during the month.

In general, over Jan-Nov 2023, the loan portfolio of banks increased by 16.8% or 3.3 billion manats.

47.7% of the loan portfolio growth was ensured by business, 33.9% by consumption, and the remaining 18.4% by mortgage loans.