The Volume of Unsecured Loans Fell by Nearly Half
Foreign capital in the amount of $ 4,411.5 million was held by business entities of Azerbaijan in the first half of this year. This is $ 409.6 million, or 10.2% more than in the corresponding period of 2011.
According to the balance of payments, foreign direct investment increased by $ 495.6 mln, or 25%, to $ 2,496.1 million with the non-oil sector, the volume of direct investments increased by $ 34.2 million or 8.2% to $ 451.3 million.
Loans and other investments in the national economy decreased 4.4%. At the same time, loans with a state guarantee decreased by 25.7% to $ 451.5 million and non-guaranteed loans - by 49.1% to $ 593.3 million, including the non-oil sector - by 22.2% to $ 593 , 1 million
Most of unsecured loans in the oil sector has been involved banks in the amount of $ 502.5 million, which is 5.5% more than in January-June 2011.
Other investments increased by 3.8 times to $ 868.6 million in the reporting period, the country was the oil bonus of $ 2 million
In the first six months of 2012, the country paid off for credits $ 1,133.5 million, of which 41.6% ($ 471.3 million) was paid by banks, 13.3% ($ 150.7 million) - state loans and loans with state guarantee, 35.2% ($ 399.1 million) - the oil and gas sector, and 9.9% ($ 112.4 million) - in other companies and businesses. - 15B -
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- Economics
- 11 September 2012 17:32
Economics
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In 2024, Azerbaijan welcomed 3.523 million passengers from 38 countries via air transportation, reflecting a significant 32.1% increase compared to the previous year. According to the State Tourism Agency, this also marks an expansion in reach, with visitors arriving from three additional countries, an 8.5% rise year-on-year.
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As Azerbaijan sets an ambitious trajectory for economic growth in 2025, the country is poised to expand its investment portfolio and develop innovative financial instruments. These efforts aim to create a favorable environment for both domestic and international investors, while steering the economy away from oil dependency toward diversified and sustainable growth.
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In 2025, Azerbaijan will celebrate a series of public holidays and mourning events combining cultural traditions, religious rituals and national commemorations. The calendar, approved by the Cabinet of Ministers, defines significant dates that will provide citizens with the opportunity to honor their heritage, reflect on history, and relax with family and friends.
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The Armenian government reviewed a draft bill on Thursday, January 9, following a petition that garnered 52,000 signatures—surpassing the required threshold of 50,000. The proposed legislation, which has now been forwarded to parliament, has ignited discussions about Armenia’s potential shift toward European integration.
Каковы месседжи из последнего интервью Ильхама Алиева и кому они адресованы? - беседа с Аркадием Дубновым
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- Social,
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