Azerbaijan sees 13% decline in bank lending

Azerbaijan sees 13% decline in bank lending
# 10 January 2017 12:47 (UTC +04:00)

As of December 1, 2016, provision of crediting in Azerbaijan’s economy amounted to AZN 15,802,100,000, down 13.1% or AZN 2,376,200,000 from previous year.

 

According to Central Bank of Azerbaijan, bank lending increased 3% or AZN 455.4 million in November.

 

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