Portfolio of banks’ business loans in Azerbaijan increased by 19%

17:40 - 29.07.2024


July 29, Fineko/abc.az. As of July 1, 2024, the portfolio of business loans of Azerbaijani banks amounted to 13.87 billion manats.

ABC.AZ reports that the portfolio of business loans increased by 90.1 million manats (0.7%) over the month, by 1.258 million manats (10%) compared with the end of last year, and by 2.224 billion manats (19.1%) over the year.

The portfolio of business loans as of June 1, 2024 totaled 13.784 billion manats, as of January 1 - 12.616 billion manats, as of July 1, 2023 - 11.65 billion manats.