As of November 1 this year, volume of credit provision of credit organizations in Azerbaijan (including banks, as well as Non-bank credit organizations and credit unions) has made up AZN 16,416 bln or equal to 22.9% of GDP, according to calculations of APA-Economics based on information of Central Bank of Azerbaijan.
Credit provision of the country has increased by 13% in comparison with the beginning of the year, while 2.9% in monthly comparison.
Note that the volume of credit provision of the country has reached the highest level since January of 2017 (AZN 16,705).
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