11:40 - 27.04.2020

---

April 27, Fineko/abc.az. 60% of Gunay Bank's loans are overdue.

ABC.AZ informs with reference to the Bank's report for the 1st quarter of 2020 that problems with the Bank's loan repayment began for Jul-Aug and increased. Initially, the repayment period of the loan in the amount of AZN 50 million given to the business regulator started decreasing rapidly.

In just 3 months - in September 2019, the total loan portfolio of Gunay Bank increased by AZN 161.7 million, and the volume of overdue loans grew more than by 7 times up to AZN 74 million, and their share in the loan portfolio by 45.7%. Payments of loans for AZN 50.5 million were delayed for 7 months.