11:46 - 26.08.2024

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August 26, Fineko/abc.az. As of August 1, 2024, the loan portfolio of banks and non-bank credit organizations in Azerbaijan's regions (excluding the Baku Economic Region) stood at 5.82 billion manats, marking a 15.65% increase compared to the previous year.

ABC.AZ reports that the Karabakh Economic Region has emerged as the frontrunner in terms of loan growth, with an impressive 21.4% increase compared to the same period last year.

Over the first seven months of the current year, the Karabakh region has seen loans issued totaling 456.44 million

The growth in lending across various economic regions of Azerbaijan is as follows:</i><br>

Nakhchivan - 411.16 million manats (+11%)

Absheron-Khizi - 916.1 million manats (+13.8%)

Upper Shirvan - 172.76 million manats (+14.4%)

Ganja-Dashkasan - 747.78 million manats (+14.4%)

Karabakh - 456.44 million manats (+21.4%)

Gazakh-Tovuz - 479.2 million manats (+19.9%)

Guba-Khachmaz - 422.6 million manats (+11%)

Lankaran-Astara - 581.55 million manats (+14.2%)

Central Aran - 521.06 million manats (+17.8%)

Mil-Mugan - 274.8 million manats (+20.15%)

Shaki-Zagatala - 442.7 million manats (+20.67%)

Shirvan-Salyan - 398.2 million manats (+12.5%)