As of November 1, 2021, the overdue loans in Azerbaijan stood at 815.9 million manats (US$480 mln), down 6.3% from the previous month.
According to the Central Bank of Azerbaijan, this figure is an 8.65% decrease from early 2021 and an 18.9% decline from a year earlier, REPORT informs.
In the reporting period, the share of troubled loans in the total loan portfolio was 5%, while this figure was 5.5% on October 1 and 6.8% on January 1, 2021.
