In June 2024, the lending situation in 4 banks in Azerbaijan changed. Banks have revised the percentage of consumer loans issued in manats. Thus, “Bank BTB”“ reduced the annual interest rate on pawnshop loans (collateral for gold and jewelry) from 21% to 18%, ”Bank of Baku“ reduced the annual interest rate on car loans from 16% to 15%, and "Rabitabank“  and “Yelobank” reduced the annual...

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