In April of this year, the situation with lending changed in 4 banks of Azerbaijan. The banks basically increased the cost of consumer loans in manat. Interest increase was mainly within the campaigns on the occasion of the Novruz holiday.Thus, the annual interest rate of cash loans issued in AZN in the International Bank of Azerbaijan (IBA) was changed from 18% to 23-27%, Azer-Turk Bank - from 18-24% to 26-29%, Bank VTB Azerbaijan - from 28% to...

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