Azerbaijan reports decline on problem loans

16:24 - 18.03.2022


March 18, Fineko/abc.az. The amount of overdue loans in Azerbaijan amounted to AZN 690.2 million as of 1 March 2022 (2.3% less than on 1 February 2022), ABC.AZ reports with reference to the Central Bank.

Non-performing loans decreased by 4.1% compared with early 2022 and by 24.8% over the last 1 year.

At the end of February, the share of overdue loans in the total loan portfolio made up 3.9%. This figure was 4.2% by the end of 2021 and 6.3% by the end of last February.