Troubled loans constitute 3.9% of total loan portfolio

As of March 1, 2022, the overdue loans in Azerbaijan stood at 690.2 million manats, down 2.3% from the previous month.

According to the Central Bank of Azerbaijan, this figure is a 4.1% decrease from early 2022 and a 24.8% decline from a year earlier.

In the reporting period, the share of troubled loans in the total loan portfolio was 3.9%, while this figure was 4.2% on late 2021 and 6.3% as of March 1, 2021.