Azerbaijan, Baku, Jan. 5 / Trend I.Khalilova /
As of November 1, 2012 the average rate within bank lending to the economy of Azerbaijan in national currency amounted to 15.21 percent compared to 16.27 percent on January 1, 2012, and 16.21 percent in early November 2011, a statistical report of the Central Bank of Azerbaijan (CBA) published on its website says.
The average rate on bank lending in hard currency was 15.45 percent versus 16.79 percent and 16.27 percent respectively.
As of early November 2012, the average rate on bank lending to legal entities in national currency amounted to 13.12 percent compared to 14.53 percent as of January 1, 2012 and 14.37 per cent by early November 2011. The average rate on bank loans to corporate clients in hard currency was 12.39 percent versus 14.30 percent and 13.66 percent respectively.
As of November 1, 2012 the average rate on bank lending to individuals in national currency amounted to 18.54 percent compared to 19.06 percent as of January 2012, and 19.18 percent by early November 2011. The average rate on bank loans to individual clients in hard currency was 21.92 percent versus 22.90 percent and 23.02 percent respectively.