1395, 1m AZM of credits were invested in Azerbaijani economy by April 1, 2006, according to National Bank of Azerbaijan (NBA) data. The given figure grew on 3, 2% in March and on 29, 9% in comparison to April 2005, NBA told Trend . The total weight of expired credits is 4, 78% (66, 7m AZM), excluding credit debts of the non-banking credit organization Agrarcredit.
56, 7% are short-term credits (791, 3m AZM), 6, 11% (48, 3m AZM) are problem credits. The total amount of short-term credits fell on 0, 7% in March, however, during the year it grew on 8, 9%. Summary amounts of
the long-term credits is 603, 8m AZM (43, 3%) - 18, 4m AZM (3, 04%) of them are expired credits. The long-term crediting grew on 8, 8% in March and on 74% in comparison to the first quarter of last year.
643, 1m AZM (46, 1%) was invested into economy by state banks, 703, 7m AZM (3, 46%) by private banks, 48, 3m AZM (3, 46%) by non-bank credit organizations. Participation of foreign capital in crediting remained at 271, 1m AZM, with the total weight in the credit investments 19, 43%. 27, 7m AZM has been credited by the banks with 100% of foreign capital in founding capital.