CBA:lending to SMEs rises by 11%

In 2023, the amount of loans granted to small and medium-sized enterprises in Azerbaijan grew by 11% and amounted to 6.4 billion manats as of January 1 this year. This is stated in the “Financial Stability Report” published by the Central Bank of Azerbaijan (CBA). According to the document, the main reason for the growth is the softening of standards for SME subjects. Eventually, there is increased interest of these entities in...

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Finance

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