Azerbaijan, Baku, Feb. 12/ Trend , N. Ismayilova/
The average bank lending rate on the Azerbaijani national currency was 17.45 percent in January 2009 compared to 18.08 percent in December and 16.97 percent in January 2008. The average bank lending rate in hard currency was 14.52 percent compared to 14.32 percent in December and 16.26 percent in January 2008, the National Bank of Azerbaijan (NBA) said.
Earlier this year, the average bank lending rate for legal entities in the national currency was 14.87 percent compared to 15.88 percent in December and 15.13 percent in January 2008. The average bank lending rate for cooperate clients in hard currency was 12.37 percent compared to 11.93 percent in December and 13.72 percent in January 2008.
The average bank lending rate for physical persons in the national currency was 21.53 percent compared to 21.35 percent in December and 20.29 percent in January 2008. The average lending rate for individual clients in hard currency was 21.52 percent compared to 31.34 percent in December and 21.7 percent in January 2008.
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