BAKU, Azerbaijan, September 26. The credit portfolio of Azerbaijani banks totaled 18.638 billion manat ($10.9 billion), up by 22.57 percent in August 2022 compared to the same period of 2021, Trend reports referring to the Central Bank of Azerbaijan.
According to the CBA, the banks' loan portfolio amounted to 15.206 billion manat ($8.9 billion) in August 2021.
Out of total loans, business loans accounted for 56.29 percent (10.492 billion manat ($6.16 billion), growth of 19.09 percent year on year), consumer loans – 29.06 percent (5.416 billion manat ($3.18 billion), growth of 31.06 percent), mortgage loans – 14.64 percent (2.73 billion manat ($1.6 billion), growth of 20.59 percent year on year) in August 2022.