Volume of lending in foreign currency in Azerbaijan decreased by 20%

Volume of lending in foreign currency in Azerbaijan decreased by 20%
# 22 April 2021 15:00 (UTC +04:00)

As of April 1 of this year, the volume of loans given by loan organizations in Azerbaijan (banks, BOKT, credit unions) has increased by 0,7% per month and made up 14 728 bln manat, the Central Bank of Azerbaijan told APA-Economics.

According to the calculations, 28,2% or 4, 153 bln manat of loans has been in the foreign currency. Since March of the previous year, foreign currency loans have decreased by 20%.

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