Baku / 16.04.19 / Turan: In Azerbaijan, the share of foreign currency loans is high, accounting for 40%. This is stated in the report of the international agency Fitch Ratings.The agency notes that the banking systems of the CIS have experienced serious stresses over the past 12 years, for which there were significant common reasons."The main one is poor currency risk management, in particular, foreign currency lending to borrowers with low forei...

Please login or subscribe to read more

Leave a review

Finance

Follow us on social networks

In Focus