Baku, Azerbaijan, Feb. 4
By Taleh Mursagulov - Trend:
In 2018, 2.33 billion manats were lent to the Azerbaijani regions, which is 17.68 percent more than in 2017, Trend reports referring to a report of the Central Bank of Azerbaijan (CBA).
Since early 2018, the share of regions in the total loan portfolio of banks increased from 16.9 to 17.9 percent.
According to CBA, loans worth 10.69 billion manats were issued in Baku by late December 2018, which is 4.6 times more than in the districts.
Distribution of loans by regions of Azerbaijan as of Jan. 1, 2019
|
Economic regions |
Lending (in 1,000 manats) |
Average interest rate |
|
Absheron |
509,410 |
16.5 |
|
Aran |
575,725.2 |
23.3 |
|
Mountainous-Shirvan |
60,463.9 |
23.7 |
|
Ganja-Gazakh |
488,885.7 |
19.7 |
|
Guba-Khachmaz |
164,456.1 |
20.6 |
|
Lankaran |
212,817.7 |
22.2 |
|
Shaki-Zagatala |
162,806.8 |
19.7 |
|
Upper-Karabakh |
51,573.4 |
24.3 |
|
Kalbajar-Lachin |
286.5 |
15.4 |
|
Nakhchivan |
101,877.7 |
9.7 |
(1 USD = 1.7 AZN on Feb. 4)
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