BAKU, Azerbaijan, Oct.5
By Zeyni Jafarov – Trend:
The volume of lending to Azerbaijani public entities at the beginning of September 2020 made up 22.4 million manat ($13.1 million), which is 14.8 million manat ($8.7 million) more than in the same period of last year, Trend reports citing data from the Central Bank of Azerbaijan (CBA).
According to CBA, this figure has decreased by more than 42 percent, or 16.3 million manat ($9.5 million) compared to the beginning of current year.
As reported, the share of lending to the public entities sector in lending to the real sector as of the early September made up 0.2 percent, which is 0.1 percent less than in the same period of 2019.
In general, the volume of lending to the real sector at the beginning of reporting month amounted to 14.7 billion manat ($8.6 billion).
(1 USD = 1.7 manat on Oct.5)
----
Follow the author on Twitter: @jafarov_zeyni