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Net loan portfolio of credit unions in Azerbaijan dropped by 5%

By the end of June 2022, the net loan portfolio of credit unions in Azerbaijan rose to 84.9% of their assets – 12.4 million manats.

According to the credit union review published by the Central Bank of Azerbaijan, this is about the same as at the end of March.

The credit portfolio of credit unions has dropped by 4.6% over the past year.

Financial indices of microfinance organizations are disclosed once a quarter.

Source: Turan News Agency