BAKU, Azerbaijan, March 2
Eldar Janashvili - Trend:
As of February 1, 2020, the largest share of credit investments in Azerbaijan was in the household sector, amounting to 45.2 percent, Trend reports citing the Central Bank's statistical bulletin.
The volume of loans in the household increased by 32 percent (1.7 billion manat) compared to the same period last year, amounting to 7 billion manat.
The volume of loans in trade and services in 2019 increased by 6.8 percent (154.1 million manat) compared with January 2019, amounting to 2.426 billion manat, the share of the total volume of credit investments in this sector amounted to 15.6 percent of total size.
Loans in transport and communications amounted to 1.2 billion manat, which is equivalent to eight percent of total loans in the real sector. Over the year, this figure fell by 2.2 percent or 26.7 million manat.
The highest growth was recorded in industry and production - 83 percent.
The distribution of the loan portfolio on spheres of economics:
|
Trade and services |
Energy, chemistry and natural resources |
Agriculture and Processing |
Construction and property |
Industry and manufacturing sector |
Transport and communication |
The household |
||||||||
|
Loan Amount |
Share (%) |
Loan Amount |
Share (%) |
Loan Amount |
Share (%) |
Loan Amount |
Share (%) |
Loan Amount |
Share (%) |
Loan Amount |
Share (%) |
Loan Amount |
Share (%) |
|
|
January 2020 |
2426,9 |
15,6 |
629,4 |
4,1 |
540,3 |
3,5 |
466,6 |
3 |
1138,5 |
7,3 |
1177,5 |
7,6 |
7005 |
45,2 |
|
January 2019 |
2033,1 |
17,4 |
305,7 |
2,6 |
449,2 |
3,9 |
545,4 |
4,7 |
621,4 |
5,3 |
1120,4 |
9,6 |
4522,8 |
38,8 |