Baku, Azerbaijan, Jan. 18
By Azad Hasanli – Trend:
In November 2017, average interest rates on interbank loans in Azerbaijan decreased in national currency (manat), but increased in foreign currency, the Central Bank said in a report.
The average interest rates on loans in national currency amounted to 7.89 percent per annum, in foreign currency - 10.71 percent per annum.
Comparative table of interest rates on loans in national and foreign currencies:
|
Average interest rates |
Up to 30 days |
30-90 days |
90-180 days |
180-360 days |
Over 1 year |
|
|
November 2016 |
||||||
|
Manat loans |
7.78 |
1.4 |
17.42 |
13.59 |
6.28 |
8.91 |
|
Foreign currency loans |
5.44 |
4.22 |
16.54 |
10.41 |
5.7 |
4.71 |
|
October 2017 |
||||||
|
Manat loans |
7.94 |
3 |
- |
4.74 |
1.45 |
9.93 |
|
Foreign currency loans |
10.22 |
0.55 |
- |
10.38 |
5.44 |
11.99 |
|
November 2017 |
||||||
|
Manat loans |
7.89 |
3 |
- |
2.57 |
1.45 |
9.94 |
|
Foreign currency loans |
10.71 |
0.43 |
- |
9.77 |
4.53 |
11.99 |