Total loan portfolio of credit unions in Azerbaijan has fallen – Report

11:18 - 28.10.2024


October 28, Fineko/abc.az. The total loan portfolio of Azerbaijan's credit unions for Jan-Sept 2024 reahed 10.9 million manats.

ABC.AZ informs with reference to the Central Bank that the indicator is 800,000 manats (7%) less versus Jan-Sept 2023 and 100,000 manats (1%) less since the beginning of the year.

Over Jan-Sept 2023, credit unions’ loan portfolio totaled 11.7 million manats, and at the beginning of the year - 11 million manats.