In August 2024, the situation with lending in 4 banks changed in Azerbaijan. Banks have revised interest rates on consumer loans in manats. Thus, Bank Avrasiya has increased the annual interest rate on mortgage loans (real estate collateral) from 12% to 12-14%.  In addition, the annual interest rate on cash loans has been changed from 11% to 10% at Unibank, from 12-17% to 11-17% at “Yapıkredibank Azerbaycan” and from 12-17% to...

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