NBCOs’ loan portfolio grew by 37% and banks' loan portfolio by 19.4%

11:57 - 24.07.2024

July 24, Fineko/abc.az. In the 1st half of 2024, the loan portfolio of the NBCOs of Azerbaijan amounted to 681.6 million manats.

ABC.AZ reports with reference to the CBA that the indicator is 184.4 million manats, or 37% more against Jan-Jun 2023 - 492.7 million manats.

According to the CBA, in the 1st half of 2024, banks' loan portfolio totaled 25.429 billion manats (4.133 million manats or 19.4% more versus Jan-Jun 2023 - 21.296 billion manats.

The final comparison shows that in the 1st half of 2024, the volume of banks' loan portfolio is 37.3-fold higher than NBCOs’ loan portfolio. In the 1st half of 2023, the difference between them was 43.2 -fold.