BAKU, Azerbaijan, March 28. The loan portfolio of banks increased by 18.2 percent in Azerbaijan in February 2022 compared to February 2021, exceeding 17.1 billion manat ($10.05 billion), Trend reports with reference to the Central Bank of Azerbaijan (CBA).
The loan portfolio of Azerbaijani banks amounted to 14.6 billion manat ($8.6 billion) in February 2021.
According to the CBA, the share of business loans amounted to 58.23 percent (9.9 billion manat or $5.8 billion), consumer loans - 27.4 percent (4.7 billion manat or $2.8 billion), mortgage loans - 14.37 percent (2.5 billion manat or $1.5 billion) in the structure of the loan portfolio in February 2022.