The amount of problematic loans in Azerbaijan has increased by more than 12%.
The editorial office reports, citing the Central Bank of Azerbaijan (CBA), that as of December 1 of this year, the amount of overdue loans in Azerbaijan reached 557.6 million manats.
This is 2.35% more compared to November 1.
The amount of problematic loans in the country has increased by 24.2% since the beginning of the year and by 12.3% in the last year.
By the end of November, the share of overdue loans in the total loan portfolio was 1.8%. This ratio was 1.7% at the end of October, 1.5% at the end of December last year, and 1.7% at the end of November last year.