Baku, Azerbaijan, June 6
By Azad Hasanli – Trend:
In April 2018, 2.106 billion manats accounted for the lending to the Azerbaijani districts, which is almost 6.2 percent more than in April 2017, the Central Bank of Azerbaijan (CBA) said in a message.
During the reporting period, 17.8 percent accounted for the share of districts in the total loan portfolio of banks.
According to the CBA, loans worth almost 9.7 billion manats were issued in Baku at the end of April 2018, which is 4.6 times more than in the districts. Almost 5.46 billion manats accounted for the loans in the national currency in Baku (56.22 percent of the total lending volume in Baku) and in the districts - 1.72 billion manats (81.77 percent of the total lending volume in the districts).
The average annual interest rate on loans in the country was 12 percent, in Baku - 10.5 percent in April 2018.
Economic regions |
Lending volume (1,000 manats) |
Change compared the beginning of 2018 (in%) |
Average interest rate |
|
Total |
Including in national currency |
|||
Absheron |
464, 442.3 |
372, 569.3 |
+2.95 |
15.6 |
Aran |
506, 055.6 |
413, 258.3 |
+7.26 |
22.5 |
Mountain Shirvan |
66, 834.6 |
56, 321.3 |
+5.26 |
22.5 |
Ganja-Gazakh |
449, 255.1 |
351, 718 |
+8.58 |
18.8 |
Guba-Khachmaz |
143, 898.3 |
122, 830.1 |
+5.6 |
20.5 |
Lankaran |
181, 641.8 |
144, 244.5 |
+7.58 |
21.9 |
Sheki-Zagatala |
135, 664.5 |
108, 516.1 |
+2.9 |
20.9 |
Upper-Karabakh |
51, 874.1 |
47, 156.5 |
+15.1 |
20.3 |
Kalbajar-Lachin |
300.6 |
213.8 |
-2.2 times |
13.3 |
Nakhchivan |
106 172.7 |
105, 386.1 |
+4.45 |
8.5 |
($1 = 1.7 AZN on June 6).
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