Banks are suing poor clients

The higher activity of banks in consumer lending , the more lawsuits against incorrect clients.

According to the portal femida.az, working on this week ( 17-21 February ) the courts of various levels of capital considered 120 cases , most of which ended either in favor of creditors or were postponed.

Leader is DemirBank with 13 claims against customers . Following with 10 lawsuits is JSC Unibank. Nine claims are from the International Bank of Azerbaijan and JSC Bank Technique, and 8 from the bankrupt Royalbank.

On account of Amrahbank there are 7 , Capital Bank and Zaminbank - 6 , Bank of Baku - 5 out of disputes regarding granting consumer loans. Other banks are less involved in discussions with the poor clients .

Recall, December 1 (Annual Report of the Central Bank of the Republic of Azerbaijan is not ready yet ) 2013 households retained the status of largest borrowers - they were allocated 39.6% , or 6 billion 35.2 million manat or 39.6 % of the total amount of credits. For comparison - in construction and real estate was invested 2 billion 360.4 million ( 15.5% of the mass of credit ), in trade and services - 2 billion 243.8 million ( 14.7%) .

In industry was invested only 1 billion 461.2 million ( 9.6%) , in agriculture and processing industry - 734.1 million manat ( 4.8% ) , transport and communication - 500.9 million ( 3.3%). Aggregate bank lending to energy, chemistry and the development of natural resources totaled 299.2 million ( 2%).

On December 1, 2013 bank lending to the economy of Azerbaijan amounted to 15 billion 245.3 million ( +30 % compared to the same period in 2012 ) . - 17D-