Central Bank of Azerbaijan reduces loans granted to banks by tenfold

Central Bank of Azerbaijan reduces loans granted to banks by tenfold
  • Clock-gray 15:34
  • calendar-gray 30 April 2018

Central Bank of Azerbaijan granted loan of AZN 400,869,000 to banks in 2017, down AZN 3,660,493,000 or 10.13-fold.   

 

As of December 31, 2017, the remaining loans with any bank did not exceed 10% of the capital.

 

In 2016 the remaining loans amounted to AZN 2,535,618,000.

 

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