In February this year, the situation with lending in three banks of Azerbaijan changed. Banks revised credit interest rates for both consumer and business loans issued in manats.Thus, the annual interest rate on cash loans in Accessbank decreased from 18-26% to 17-26%, and in Expressbank from 16% to 15%. Expressbank also lowered the annual interest rate on mortgages from 20% to 19% (secured by collateral).In the Baku branch of the National Bank o...

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