Azerbaijani banks boost business lending by 20%

As of the end of October 2024, the portfolio of business loans of Azerbaijani banks totalled AZN 19.4 billion.This was stated by chairman of the ‘Association of Banks of Azerbaijan’ Zakir Nuriyev. According to him, this is about 20% more than at the end of October 2023. ‘Business loans are provided both at the expense of allocations of state funds and at the expense of banks' own funds. Credit growth on the 2nd source...

Please login or subscribe to read more

Leave a review

Ad *

Your review *

Oxudum və razıyam Şərh göndərmə qaydaları

- Politics
- 5 December 2024 11:01
Authorities must immediately release Rufat Safarov – Amnesty International
- Economics
- 5 December 2024 11:14
Azerbaijan Stimulates the Startup Ecosystem with Financial Support and Tax Incentives

Finance

Finance
- 13 February 2025, 12:43
Azerbaijan to redeem part of domestic public debt ahead of schedule
Auction on early redemption of government bonds with codes AZ0201040208, AZ0201040240, AZ0201040265 and AZ0201040323 ISIN, placed by the Ministry of Finance, will be held at the Baku Stock Exchange on 25 February. This was reported by the Ministry.

Read more
Finance
- 13 February 2025, 11:53
Azerbaijan approves ‘Rules on Operational Risk Management in Banks’
The Central Bank of Azerbaijan (CBA) has approved ‘Rules of Operational Risk Management in Banks’ developed on the basis of progressive international experience and standards.This is reported on the CBA website.

Read more
Finance
- 13 February 2025, 11:22
Azerbaijan increases social insurance receipts by nearly 12%
In January 2025, contributions to compulsory state social insurance in Azerbaijan totalled AZN 443.4 million. This was reported by the State Tax Service under the Ministry of Economy.

Read more
Finance
- 13 February 2025, 11:07
Azerbaijan's revenues from export of insurance services decline by more than 23%
In 2024, insurance companies in Azerbaijan concluded 50,207 contracts of ‘Green Card’ for a total amount of AZN 7.2 million.This was reported by the Mandatory Insurance Bureau (BIB).

Read more