![About 39% of Loans Granted to AG Bank Overdue](https://turan.az/resized/./turan-750-500-resize.webp)
About 39% of Loans Granted to AG Bank Overdue
AG Bank has granted loans to financial institutions and customers in the total amount of 306 million 276 thousand manat.
According to Turan, overdue bank loans account for 38.6% (118 million 252.5 thousand manat) of total loans.
The largest share of non-performing loans accounted for the capital - 77 million 504.4 thousand manat. The volume of overdue loans in the city of Sumgait is 15 million 366.3 thousand, and for the Ganja city it is 5 million 656 thousand manat. ----71D
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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