In May of this year, the situation with lending changed in 4 banks of Azerbaijan. Banks have revised interest on consumer loans, putting on the market a new product.For example, Azer-Turk Bank reduced the annual interest rate for cash-issued manat loans from 26-29% to 19-27%, and dollar loans from 15-18% to 11-14%;NBC Bank started issuing pawnshop loans at an annual rate of 29%, and also changed the annual interest rate of mortgage loans issued i...

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