Baku, Azerbaijan, July 19
By Azad Hasanli – Trend:
The loans issued to the population in the Azerbaijani regions in May 2017 amounted to 2.22 million manat, or 15 percent of the total loan portfolio of banks, which is by 24.9 percent less than in the same period of 2016, said a report of the Central Bank of Azerbaijan (CBA).
According to the CBA, the loans worth 12,573.97 million manat were issued in Baku in May 2017 that is by 5.66 times more than in the districts. Some 6,488.2 million manat (51.6 percent of total lending volume in Baku) accounted for the loans in national currency.
For comparison: as of May 2016, borrowers received loans worth 18,197.1 million manat in Baku, of which 9.676 million manat accounted for the loans in national currency.
The average annual interest rate on loans in the country as of May 2017 was 10.8 percent, while 9.3 percent in Baku.
|
Districts |
Lending volume |
Average interest rate |
|
|
Thousand manat |
Including manat |
||
|
Absheron |
463,798.7 |
317,887.1 |
15.8 |
|
Aran |
550,322.4 |
364,892.0 |
22 |
|
Mountain Shirvan |
79,908.9 |
54,403.7 |
21.7 |
|
Ganja-Gazakh |
469,978.8 |
315,985.4 |
18.8 |
|
Guba-Khachmaz |
168,168.6 |
119,842.4 |
19 |
|
Lankaran |
194.465 |
122,136.1 |
21.5 |
|
Sheki-Zagatala |
148,483.4 |
105,417.3 |
21.4 |
|
Upper-Karabakh |
37,933.9 |
32,413.5 |
16.8 |
|
Kalbajar-Lachin |
1,064.4 |
792.7 |
12.5 |
|
Nakhchivan |
105.902 |
103,723.1 |
9.1 |