This July, the situation with lending changed in six banks of Azerbaijan. Banks have revised rates on consumer and business loans.Thus, the International Bank of Azerbaijan changed the annual interest rate on cash loans in Azerbaijani manats from 18% to 16-18%, and on mortgage loans from 10% to 10-11%.Bank Eurasia has reduced the annual interest rate on business loans in manats from 18% to 17%, and on business loans in US dollars from 8% to 6%.BT...

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