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Net loan portfolio of Azerbaijani banks rose by 22%

The net loan portfolio of Azerbaijani banks at the end of November 2022 amounted to 40.6% of their assets – 18,468.7 million manats.

 

According to the banking review published by the Central Bank of Azerbaijan, this is up by 1% from the end of October.

 

The net loan portfolio of banks grew by 19.05% as compared to the end of the last year and by 22.3% over the past year

 

Source: Turan News Agency