BAKU, Azerbaijan, Nov. 27
By Zeyni Jafarov - Trend:
The volume of lending to the industrial and production sector in Azerbaijan as of early November 2020 amounted to nearly 1.3 billion manat ($720 million), which is 8.3 percent of the total lending, Trend reports citing data from the Central Bank of Azerbaijan (CBA).
According to the CBA, this figure is 324 million manat ($190.5 million) or 35.8 percent more compared to the same period of last year.
In general, the volume of lending to the real sector stood at 14.78 billion manat ($8.7 billion) as of November 1.
The largest share of loans in Azerbaijan as of early November 2020 fell on the household sector, amounting to 45.8 percent
(1 USD = 1.7 AZN on Nov.27)
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