BAKU, Azerbaijan, Nov. 26
By Nazrin Israfilova – Trend:
The volume of loans issued in the capital and districts of Azerbaijan increased in 10M2021compared to the same period last year by 1.59 billion manats ($935.5 million), or 11 percent - from 14.41 billion ($8.5 billion) to 15.99 billion manats ($9.4 billion), Trend reports with reference to the Central Bank of Azerbaijan (CBA).
According to the CBA, loans worth 12.50 billion manats ($7.3 billion) were issued in Baku during this period, which is 1.3 times more than the figure for the districts.
In the capital, loans in national currency accounted for 8.2 billion manats ($4.8 billion) or 65.7 percent of total lending in Baku.
The average annual interest rate on loans in the country amounted to 11.75 percent, in Baku - 10.12 percent.
Loan distribution (as of October 31, 2021):
|
Lending volume (in thousand manats) |
Average interest rate (%) |
Share of total loans in % |
|
|
Azerbaijan |
15 997 290 |
11,75 |
100 |
|
Baku |
12 509 132 |
10,12 |
78,2 |
|
Economic regions incl. : |
3 488 158 |
||
|
Nakhchivan |
239 875 |
13,65 |
1,49 |
|
Absheron-Khizi |
586 850 |
15,79 |
3,67 |
|
Mountainous Shirvan |
92 530 |
20,48 |
0,57 |
|
Ganja-Dashkesan |
480 360 |
16,87 |
3,00 |
|
Karabakh |
240 252 |
19,85 |
1,50 |
|
Gazakh-Tovuz |
267 069 |
18,76 |
1,66 |
|
Guba-Khachmaz |
263 487 |
17,02 |
1,64 |
|
Lankaran-Astara |
334 273 |
19,18 |
2,08 |
|
Central Aran |
306 305 |
19,25 |
1,91 |
|
Mil-Mugan |
160 552 |
20,05 |
1,00 |
|
Sheki-Zagatala |
289 184 |
15,44 |
1,8 |
|
East Zangazur |
|||
|
Shirvan-Salyan |
227 421 |
20,12 |
1,4 |