BAKU, Azerbaijan, June 22. Volume of loans issued in Azerbaijan’s capital - Baku and regions increased by 3.4 billion manat ($2 billion) as of June 1, 2022, or 23.1 percent compared to the same period last year (from 14.6 billion manat, $8.5 billion to 18.09 billion manat, $10.6 billion), Trend reports citing the Central Bank of Azerbaijan (CBA).
According to CBA, loans worth 14.07 billion manat ($8.2 billion) were issued in Baku during this period, which is 3.4 times higher than in the regions.
Loans in national currency in Baku accounted for 9.7 billion manat ($5.7 billion, 69.5 percent of total lending in Baku).
Average annual interest rate on loans in the country amounted to 11.94 percent, in Baku - 10.44 percent.
|
Volume of lending |
Average interest rate |
Share of total loans |
|
|
Azerbaijan |
18.09 billion manat ($10.6 billion) |
11.94 percent |
100 percent |
|
Baku |
14.07 billion manat ($8.2 billion) |
10.44 percent |
77.77 percent |
|
Economic regions, including: |
4.02 billion manat ($2.3 billion) |
22.23 percent |
|
|
Nakhchivan |
282.2 million manat ($166 million) |
12.98 percent |
1.56 percent |
|
Absheron-Khizi |
688.8 million manat ($405.1 million) |
15.29 percent |
3.81 percent |
|
Mountainous Shirvan |
112.02 million manat ($65.8 million) |
19.7 percent |
0.62 percent |
|
Ganja-Dashkasan |
541.07 million manat ($318.2 million) |
16.4 percent |
2.99 percent |
|
Karabakh |
287.7 million manat ($169.2 million) |
18.95 percent |
1.59 percent |
|
Gazakh-Tovuz |
300.4 million manat ($176.7 million) |
18.47 percent |
1.66 percent |
|
Guba-Khachmaz |
307.8 million manat ($181.05 million) |
16.89 percent |
1.70 percent |
|
Lankaran-Astara |
391.1 million manat ($230.05 million) |
18.79 percent |
2.16 percent |
|
Central Aran |
352.5 million manat ($207.3 million) |
18.33 percent |
1.95 percent |
|
Mil-Mughan |
184.5 million manat ($108.5 million) |
19.24 percent |
1.02 percent |
|
Shaki-Zagatala |
296.6 million manat ($174.4 million) |
16.76 percent |
1.64 percent |
|
East Zangazur |
0 |
0 |
- |
|
Shirvan-Salyan |
278.1 million manat ($163.5 million) |
19.07 percent |
1.54 percent |