![During the year the share of overdue loans fell by almost a half percent, with growth of lending by 30%](https://turan.az/resized/./turan-750-500-resize.webp)
During the year the share of overdue loans fell by almost a half percent, with growth of lending by 30%
Residual volume increased lending to the economy of the country in November 2013 to 253.9 million or 1.7% to 15,245.3 million manat.
According to the Central Bank of Azerbaijan, increase in lending over the past 12 months amounted to 3514.8 million or 30%. Overdue loans in the total amounted to December this year of 5.2 % against 6.6 % a year earlier.
Short-term loans for the year rose to 182.3 million or 5.6%, while the long-term - up to 3332.6 million or 39.2% . The residue was last equaled 11,825.9 million manat. The share of long-term loans in total lending amounted to 77.6 % ( against 72.4 % a year earlier ) .
The share of private banks in total credit investments increased to 62.9% , the share of the country's largest International Bank of Azerbaijan has decreased to 34.2 %, the remaining 2.8 % were non-bank credit organizations
In the real economy by banks issued 98.26 % of all loans in the financial sector - 1.74 %. As of December 1, 2013 , individuals granted loans totaling 6,035.2 million or 39.6% of the total, in the sphere of trade and services - 2,243.8 million or 14.7% , in the field of energy and natural resources- 299.2 million or 2.0% , in construction and property - 2,360.4 million or 15.5% , in the sphere of industry and manufacturing - 1,461.2 million or 9.6% in transport and communications - 500.9 million or 3.3% , in the sphere of agriculture and processing - 734.1 million or 4.8 %, etc.
The share of loans in foreign currency amounted to 28.3%. At the corresponding time last year, the share of foreign currency lending to the economy was 31.7%.
According to the regional structure of credit investments 86.7 percent accounted for Baku. The capital also provided for 85.2 percent of the delinquency. The average lending rate in the country in November compared with the previous month remained unchanged, amounting to 14.2%. - 15B -
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