Azerbaijan, Baku, July 29 / Trend , N.Ismaylova /
As of July 1 2009 the average rate on bank lending to the economy in national currency made up 17.12 percent compared to 17.45 percent on Jan. 1 and 17.76 percent - on July 1, 2008, the Central Bank of Azerbaijan said. The average rate on bank lending in hard currency made up 17.59 percent compared to 14.52 percent on Jan. 1 and 14.11 percent on July 1 2008, the bank said.
As of July 1, the average rate on bank lending to enterprises in national currency amounted to 14.80 percent compared to 14.87 percent on Jan. 1 and 15.55 percent on July 1 January 2008. The average rate on bank credits to corporate clients in hard currency equaled 15.01 percent compared to 12.37 percent on Jan. 1 and 11.52 percent on July 1 2008.
In this period, the average rate on bank loans to individuals in national currency amounted to 21.19 percent compared to 21.53 percent on Jan. 1 and 20.94 percent on July 1 2008. The average rate on bank loans to individual clients in hard currency was 22.67 percent compared to 21.52 percent and 21.05 percent respectively.
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