BAKU, Azerbaijan, April 30. The volume of business loans provided by banks operating in Azerbaijan to the country's information and communication sector amounted to 656.5 million manat ($386 million) as of April 1, 2025.
The data obtained by Trend from the Central Bank of Azerbaijan shows that this figure grew by 254.9 million manat ($150 million), or 63.5 percent, compared to the same period of last year.
To note, during this period, the total business loan portfolio of banks operating in Azerbaijan amounted to 14.9 billion manat ($8.8 billion), reflecting a growth of 13.1 percent, or 1.7 billion manat ($1 billion), compared to April 1, 2024.
