Azerbaijan’s construction sector sees strong growth in business loans in 1Q2025

May 1, 2025 - 18:01
 0  0
Azerbaijan’s construction sector sees strong growth in business loans in 1Q2025
As of April 1, 2025, business loans issued by banks in Azerbaijan to the construction sector totaled 1.45 billion manat ($852.9 million), reflecting a 12.5 percent increase, or 203 million manat ($119.4 million), compared to the same period last year. The overall business loan portfolio of Azerbaijani banks reached 14.9 billion manat ($8.7 million), marking a growth of 13.1 percent, or 1.7 billion manat ($1 billion), compared to April 1, 2024.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0