17:11 - 29.11.2024

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November 29, Fineko/abc.az. The share of loans given to small & medium-sized businesses in the portfolio of Azerbaijani banks continues to decline.

ABC.AZ reports that this is stated in CBA’s statistical data for October.

The volume of business loans from banks increased by 16% up to 14.628 billion manats during 2024.

The volume of loans to large enterprises grew by 32% up to 8.236 billion manats, to medium–sized enterprises – lowered by 16% to 3.24 billion manats, to small businesses by 0.5% up to 1.795 billion manats, to microenterprises - increased by 15% up to 1.57 billion manats.