Baku accounts for more than 80% of banking loans

Baku accounts for more than 80% of banking loans Baku remains a changeless leader for the volume of banking crediting. According to a report in the Central Bank of Azerbaijan, as of 1 March 2012, the volume of loans issued to individuals and legal entities in the capital city made AZN 8,909,981,300,000 at the average annual rate of 15.5%. As of 1 March the banking crediting made AZN 10,206,913,800 which is a growth of 11.5% over the same period of 2011. The average rate made annual... Read More