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Azerbaijani banks get AZN 60M rise in loan portfolio


In September 2017 Azerbaijan-based banks increased the amount of loans given to customers.

 

According to the Financial Markets Supervisory Authority (FIMSA), as of September 30, 2017 amount of the loans given to customers amounted to AZN 11,966,900,000, up AZN 59.7 million or 0.50% from early September.

 

In general, amount of the loans given to customers has declined AZN 3.833 billion or 24.24% since early 2017. As of January 1, 2017, the loan portfolio of the commercial banks stood at AZN 15,800,200,000.

 

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