In November of this year the Central Credit Register (SCR) received 227,329 requests, 2.1 % less than the previous month. Of the total number of appeals only 0.23 % was done by individuals , which in turn increased the reported month by 20.3 %, as compared to November 2012 by 2.3 times.
According to the CBA, during the 11 months of 2013 SCR received 2,061,461 requests. Compared to January-November 2012 the figure rose by 1,178,700 units or 2.4 times. During the same period by individuals were 4,700 queries or 0.23 % of the total.
On 1 December 2013 the total number of borrowers (including credit history of borrowers who do not have current debt) reached 1,920,000 people, of which 1,894,000 comprised individuals.
At the reporting date the amount of guarantors was equal to 801.7 thousand persons. The total number of credit (including fully repaid loans) data exceeded 6.33 million.
SCR was established under the Central Bank of Azerbaijan in 2005. Data are available on all credits for individuals and legal entities, regardless of their amount. The right to use these data is owned by banks and non-bank credit organizations (NBCO) as well as those who collected the data. NBCO and banks receive data in real time in electronic form, while borrowers receive data within three days on the basis of free inquiry. In other cases, payment of a single query is 1 manat. - 15B -
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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