TODAY.AZ / Business

Credit allocation to Azerbaijani economy rises by 39.6%

20 July 2006 [08:33] - TODAY.AZ
As of June 1, credits allocated to the Azerbaijani economy reached AZN 1 556.8mn which represents an increase of 39.6% or AZN 442mn as against last year respective period.

As APA reports, 46.6% of the credits were allocated by state banks, 50% by private banks and 3.4% by nonbank institutions.

54.7% of the credits were short-term and 45.3% were long term ones. The credits which payment time expired decreased 1.7 times to AZN 64.4mn.

URL: http://www.today.az/news/business/28305.html

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