External debt of Azerbaijan's banking sector decreased by 23% last year

External debt of Azerbaijan's banking sector decreased by 23% last year
  • Clock-gray 17:44
  • calendar-gray 09 March 2021

External debt of Azerbaijan's banking sector decreased by 23,1% in 2020 and amounted to $447,2 mln., APA-Economics reports.

According to the report of Cabinet of Ministers of Azerbaijan on 2020, at the end of the reporting period, external debt accounted for only 2.8% of total liabilities of banks.

Mirsaid İbrahimzade

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