Azerbaijan's credit unions reduce assets by more than 7%

As of the end of September 2024, credit unions in Azerbaijan had assets worth AZN 12.7 million. This is stated in the credit union review published by the Central Bank of Azerbaijan. According to the document, this is up by 2.4% from the end of June. However, credit unions' assets dropped by 2.3% as compared to the end of the last year and by 7.3% over the past year. Recall that financial indices of credit unions are disclosed quarte...

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