In January-September, Azerbaijan repaid more than $1.6 billion on loans received before

Foreign capital in the amount of $ 7,587.5 million was held by business entities of Azerbaijan for the first nine months of this year. This is $ 1,776 million, or 30.6% more than in the corresponding period of 2011.

According to the balance of payments, foreign direct investment increased by $ 864.3 mln, or 27.8%, to $ 3,973.7 million. In the non-oil sector, the volume of direct investment increased by $ 146 million or 20.8% to $ 846 million.

Loans and other investments in the national economy increased 35%. At the same time, loans with a state guarantee increased by 8.1% to $ 805 million. Unsecured loans decreased by 9.2% to $ 1,363.6 million, while in the non-oil sector, the volume of loans increased by 14.2% to $ 1251, 8 million.

Most of unsecured loans in the non-oil sector involved banks in the amount of $ 1,102.4 million, which is 77% more than in January-September 2011.

Other investments increased by 3.3 times, to $ 1,444.2 million. During the reported period, the country received oil bonuses of $ 2 million.

For three quarters of 2012 the country repaid debts of $ 1,638.5 million on loans received before, of which 46.3% ($ 758.4 million) was paid by banks, 13.6% ($ 223.4 million) - by the state and for loans with a state guarantee, 28.5% ($ 466.3 million) - by the oil and gas sector, and 11.6% ($ 190.4 million) - by other companies and businesses. - 15B -