Baku, Azerbaijan, Aug. 7
Trend:
Loans delivered to the population in Azerbaijan's regions amounted to 2.665.7 billion manat as of July 1, 2014, or 15.9 percent of the total loan portfolio of banks, according to the Azerbaijani Central Bank's report as of January-June 2014.
During the year, the loans issued to the regions increased by 72.6 percent.
In Baku, this figure amounted to 14.089.04 billion manat. Some 10.148.2 billion manat fall to the loans in the national currency. As of June 2014, the average interest rate on loans in the country was 14.3 percent, and in Baku - 13 percent, according to the CBA.
The crediting volume in Absheron economic region amounted to 537.8 million manat at an average rate of 19.2 percent, in Aran - 928.8 million manat at a rate of 21.5 percent, Mountain-Shirvan - 105.8 million manat at a rate of 23.7 percent, Ganja-Gazakh - 335.3 million manat - 22.3 percent, Guba-Khachmaz - 109.6 million manat - 22.6 percent, Lankaran - 281.3 million manat - 23.6 percent, Sheki-Zagatala - 170.3 million manat - 20.4 percent, Upper Karabakh - 67.5 million manat - 19.7 percent , Kalbajar-Lachin - 24.54 million manat - 24.9 percent, Nakhchivan - 104.65 million manat - 13.2 percent.
As of July 1, the banks issued loans worth 16.754.8 billion manat, which is 21.64 percent more than in the same period of last year.
The official exchange rate is 0.7843 AZN/USD on Aug. 7.