BAKU, Azerbaijan, May 30. The amount of loans handed out to small businesses in Azerbaijan took a bit of a dip by the end of April 2025, coming in at 1.5 billion manat ($882.3 million).
Data obtained by Trend from the Central Bank of Azerbaijan (CBA) indicates that this figure reflects a decrease of around 15 million manat ($8.8 million), or one percent, compared to the end of March.
Furthermore, the financial instruments allocated to micro and
small enterprise sectors reached approximately 1.53 billion manat
($900 million) by the conclusion of Q12025.
In aggregate, the financial institution's commercial credit
portfolio within the national landscape ascended to 14.9 billion
manat ($8.7 billion) as of the conclusion of April, reflecting a
nominal uptick of 17.7 million manat ($10.4 billion), or 0.12
percent, relative to the preceding month.
A total of 984.7 million manat ($579.2 million) within the overall
portfolio was constituted via credit facilities underwritten by
state-sponsored financial entities.
To note, there were around 12,000 small business entities operating in the country as of early April 1, 2025, making up just 6.1 percent of all commercial organizations. The majority were concentrated in trade and vehicle repair (34.5 percent), construction (12.5 percent), manufacturing (9.8 percent), and professional, scientific, and technical services (7.5 percent).
