BAKU/05.08.2014/Turan Loan investments of banks and non-bank credit organizations in Azerbaijan's economy on July 1, 2014 were up to 16 billion 754.8 million (+8.6% YTD).
According to the Central Bank of the country, the volume of overdue credit investments at the beginning of July 2014 is 877.6 million (10.7%) or 5.2% of total loans. By July 1, the International Bank of Azerbaijan controlled by the government granted loans of 5 billion 785.2 million (+9.1%) or 34.5% of total loans, while private banks gave 10 billion 499.7 million manat (8.4%) or 62.7% of total loans. The rest was provided by non-bank credit organizations.
AZN loans accounted for 12 billion 228.3 million AZN and loans in foreign currency accounted for 4 billion 526.5 million AZN (+4.15%). In the structure of credit investments as of July 1, 2014 the share of trade and services was 2 billion 429 million manat, while energy, chemical complex and natural resources sector provided for 225.4 million manat, and agriculture and processing - 762 1 million. In the construction and real estate 2 billion 283.1 million or 13.6% of total loans was invested.
In industry and manufacturing sector bankers "poured" 1 billion 965.8 million manat, and in transport and communications they provided 586.8 million manat.
The leader, as always, is households - consumer loans amounted to 6 billion 819.9 million (40.7% of the total). - 17D-
Economics
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