Problem loans in Azerbaijan down 22%

As of February 1, the overdue loans in Azerbaijan amounted to 706.5 million manats (1.8% more than last month), Report informs, citing CBA.

Over the past year, problem loans decreased by 21.5%.

At the end of January, the share of overdue loans in the total loan portfolio was 4.1%. This ratio was 4.2% at the end of December and 6.2% at the end of January last year.