BAKU, Azerbaijan, May 30. Credit investments in the East Zangazur economic region increased by 486,000 manat ($285,883), or 4.7 percent, as of May 1, 2025, reaching a total of 10.8 million manat ($6.35 million) compared to the previous month.
Data obtained by Trend from the Central Bank (CBA) indicates that the average interest rate for this region stood at 16.94 percent. Of the total loans granted, 10.1 million manat ($5.9 million) were in the national currency, while 698,000 manat ($410,588) were issued in freely convertible currency (FCC).
Meanwhile, credit investments in the Karabakh economic region amounted to 491.2 million manat ($288.9 million) by May 1, marking a 2 percent increase from the previous month and a significant 14.2 percent rise compared to the same period last year.
The average interest rate in Karabakh was 19.43 percent, with 489.8 million manat ($288.1 million) allocated in the national currency and 1.4 million manat ($823,500) in FCC.
Overall, as of May 1, 2025, total credit investments across all regions of Azerbaijan rose by 219.4 million manat ($129 million), or 0.8 percent, compared to the previous month, reaching 28 billion manat ($16.4 billion)—a 14 percent increase from the same period last year.
