In October of this year, the situation with lending in two banks changed in Azerbaijan.  Banks have revised the percentage of consumer loans issued in Azerbaijani manats.Thus, the International Bank of Azerbaijan has changed the annual interest rate on cash loans from 12-27% to 11-30%, and “Turanbank” has changed the annual interest rate on pawnshop loans (collateral for gold and jewelry) from 20% to 18%.In the remaining 21 banks, loan rates rema...

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