BAKU, Azerbaijan, Jan. 25
By Nazrin Israfilova - Trend:
The loan portfolio of banks increased by 17.67 percent in Azerbaijan in 2021compared to 2020 exceeding 16.6 billion manat ($9.8 billion), Trend reports citing the Central Bank of Azerbaijan (CBA).
The loan portfolio of Azerbaijani banks reached 14.1 billion manat ($8.3 billion) as of early 2020.
According to the message, business loans accounted for 9.7 billion manat ($5.7 billion), consumer loans - 4.5 billion manat ($2.6 billion), mortgage loans - 2.4 billion manat ($1.4 billion) in the structure of the loan portfolio.