BAKU, Azerbaijan, May 30. The total amount of term loans issued by credit institutions in Azerbaijan reached 29.9 billion manat ($29.9 billion) as of May 1, 2025, with overdue loans amounting to over 502.6 million manat ($295.6 million).
Data obtained by Trend from the Central Bank of Azerbaijan (CBA) indicates that of the total loans, 25.6 billion manat ($15 billion) were issued in the national currency, the Azerbaijani manat, with 404.7 million manat ($238 million) classified as overdue.
Foreign currency-denominated loans constituted approximately 4.3
billion manat ($2.5 billion), with a delinquency rate reflecting
97.9 million manat ($57.5 million) in arrears.
Furthermore, the volume of manat-denominated credit facilities
surged by 3.9 billion manat ($2.2 billion) relative to the
corresponding timeframe of the previous fiscal year, reflecting an
impressive growth rate of 15.1 percent. In contrast, the portfolio
of foreign currency loans contracted by 344 million manat ($202.3
million), equating to a decline of 7.3 percent.
In the interim, the aggregate of short-duration financing in manat
reached approximately 4.1 billion manat ($2.4 billion) throughout
the assessment timeframe, while the portfolio of extended-term
credit facilities constituted roughly 21.4 billion manat ($12.5
billion). Foreign currency financing encompassed 722.8 million
manat ($425.1 million) in temporal liabilities and approximately
3.6 billion manat ($2.1 billion) in extended maturities.
