Azerbaijan, Baku, July 1 / Trend N. Ismayilova /
On June 1 the average rate on bank credit of Azerbaijani economy in national currency amounted to 15.88 percent compared to 14.17 percent May 1, 17.12 percent June 1, 2009, the Central Bank said.
The average rate on bank lending in hard currency was 17.12 percent compared to 15.27 percent and 18.78 percent respectively.
At the beginning of June the average interest rate on bank lending entity in national currency amounted to 14.14 percent compared to 11.72 percent May 1, 14.78 percent June 1, 2009. The average rate on bank loans to corporate clients in hard currency was 14.69 percent compared to 12.41 percent May 1, 16.54 percent June 1, 2009.
During the reporting period, the average rate on bank lending to a physical entity in national currency amounted to 20.10 percent compared to 20.13 percent May 1 and 21.15 percent June 1, 2009. The average rate on bank loans for individual clients in hard currency was 23.09 percent compared to 22.21 percent and 23.17 percent respectively.