Azerbaijan, Baku, Sept. 5 / Trend , N. Ismayilova/
As for Aug. 1, 2009, the loan worth 7229.2 million manat was invested in the Azerbaijani economy, which hits the figure of the same period of 2008 by 13.6 percent, the Central Bank of Azerbaijan (CBA) said.
A total of 262.4 million manat of the loans falls to the overdue loans.
Short-term credits made up 2116.6 million manats (29.3 percent) and long-term credits - 5112.6 million manats (70.7 percent). Meanwhile, 6.7 percent (141.2 million manats) of short-term credits and 2.4 percent (121.2 million manats) of long-term credits are the overdue loans.
According to the CBA, as of May 1, 2009, the only state bank in the country issued 3298.8 million manats of credits with specific weight of 45.6 percent. Private banks issued credits worth 3748.5 million manats with specific weight of 51.9 percent (increase by 0.63 percent as of March), the rest 2.5 percent accounts for non-bank loan organizations (they issued 182 million manats).
In this period, the credit portfolio of the banks with foreign investments made up 1974.7 million manats, which comprised 27.3 percent. Of them, the banks with a 100-percent foreign capital issued loans worth 350.7 million manats (4.9 percent).
The loans worth 3856.5 million manats (53.3 percent) were issued in the national currency and 3372.7 million manats (46.7 percent) - in the foreign currency.
On Sept. 5, the official exchange rate is 0.804 manat to $1.
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