Azerbaijan sees 21% decline in bank lending

Azerbaijan sees 21% decline in bank lending
# 10 March 2017 14:57 (UTC +04:00)

As of February 1, 2017, provision of crediting in Azerbaijan’s economy amounted to AZN 16,043,600,000, down 21% or AZN 4,261,900,000 from previous year.

 

According to Central Bank of Azerbaijan, bank lending increased 1.54% or AZN 243.4 million in January.

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