Volume of problem loans in Azerbaijan drops by 22.6% this year

17:10 - 29.03.2024


March 29, Fineko/abc.az. As of March 1, 2024, the amount of overdue loans in Azerbaijan totaled 469.2 million mantas (3.3% more than as of February 1), ABC.AZ reports with reference to the Central Bank of Azerbaijan.

The amount of problem loans in the country increased by 7.2% compared with the beginning of the year, decreased by 22.6% year-on-year.

At the end of February, the share of overdue loans in the total loan portfolio made up 1.9%. By the end of January, this figure was 1.9%, and by the end of December 2023 - 1.8%.