BAKU, Azerbaijan, Feb. 8
By Nazrin Israfilova – Trend:
The volume of loans issued in the capital and regions of Azerbaijan increased by 2.5 billion manat ($1.47 billion), or 17.6 percent in 2021 compared to 2020, precisely from 14.15 billion manat ($8.3 billion) to 16.65 billion manat ($9.79 billion), Trend reports citing the Central Bank of Azerbaijan (CBA).
According to the CBA, during this period, loans worth 13.02 billion manat ($7.6 billion) were issued in Baku, which is 4.6 times higher than in the regions.
In the capital, loans in Azerbaijan's manat accounted for 12.29 billion manat ($7.2 billion), which is 73.8 percent of total lending in Baku.
The average annual interest rate on loans in the country amounted to 11.83 percent, and in Baku – 10.24 percent.
Loan distribution table (as of September 1, 2021):
|
Lending volume |
Average interest rate (percent) |
Share of total loans (percent) |
|
|
Azerbaijan |
16,659 manat ($9,805) |
11,83 |
100 |
|
Baku |
13,021 manat ($7,664) |
10,24 |
73,8 |
|
Economic regions, including: |
3,637 manat ($2,140) |
26,2 |
|
|
Nakhchivan |
252,255 manat ($148,474) |
13,34 |
1,5 |
|
Absheron-Khizi |
616,577 manat ($362,910) |
15,92 |
3,7 |
|
Mountainous Shirvan |
97,840 manat ($57,587) |
20,23 |
0,58 |
|
Ganja-Dashkasan |
491,276 manat ($289,159) |
16,78 |
2,95 |
|
Karabakh |
252,525 manat ($148,633) |
19,59 |
1,50 |
|
Gazakh-Tovuz |
269,351 manat ($158,529) |
18,89 |
1,61 |
|
Guba-Khachmaz |
278,365 manat ($163,838) |
17,23 |
1,67 |
|
Lankaran-Astara |
348,460 manat ($205,094) |
19,15 |
2,09 |
|
Central Aran |
321,534 manat ($189,246) |
18,75 |
1,93 |
|
Mil-Mughan |
166,387 manat ($97,932) |
19,77 |
1,00 |
|
Shaki-Zagatala |
286,120 manat ($168,391) |
16,10 |
1,71 |
|
East Zangezur |
|||
|
Shirvan-Salyan |
256,984 manat ($151,243) |
19,38 |
1,5 |