BAKU, Azerbaijan, May 28. The total credit investments in Azerbaijan's economy, including both banks and non-bank institutions, reached 29.8 billion manat ($17.5 billion) as of May 1, 2025.
Data obtained by Trend, the Central Bank of Azerbaijan (CBA), indicates that this marks a monthly increase of 219.4 million manat ($129 million), or 0.7 percent, and a significant rise of 3.9 billion manat ($2.2 billion), or 15.1 percent, compared to the same period last year.
During the reporting period, state banks accounted for 7.3 billion manat ($4.2 billion) of the total credit investments, showing an increase of 45.9 million manat ($26.9 million), or 0.6 percent, compared to last month, and a year-on-year growth of 1.1 billion manat ($647 million), or 18.1 percent.
Meanwhile, private banks contributed 20.7 billion manat ($12.1 billion) to the total credit investments, marking an increase of 173.5 million manat ($102 million), or 0.8 percent, compared to April 1, and a rise of 2.3 billion manat ($1.3 billion), or 12.6 percent, compared to the same period last year.
As of May 1st, non-bank credit institutions have allocated a
substantial 1.8 billion manat ($1 billion) into the economic
landscape, maintaining a steady state from the preceding month.
This figure, however, signifies a notable uptick of 462.2 million
manat ($271.8 million), translating to a robust growth rate of 34.5
percent year-over-year.
During the designated reporting interval, the allocation of credit
investments by state banks represented 24.5 percent of the
aggregate, while private banking entities contributed a substantial
69.5 percent, and non-bank credit institutions constituted a minor
6 percent of the overall financial landscape.
