In 2023, the amount of non-performing loans (NPL) in Azerbaijan dropped by 16.5% to AZN 614 million as of 1 January this year, while a share of such loans in the total portfolio dropped by 1.1 percentage points to 2.6%. This is stated in the "Financial Stability Report" published by the Central Bank of Azerbaijan (CBA) on the results of the last year. The document says that the reason for the drop was the removal of two banks that...

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