BAKU, Azerbaijan, July 16. The loan portfolio of Azerbaijani banks issued to the industrial sector amounted to 2.6 billion manats ($1.5 billion) as of June 1 this year.
The data obtained by Trend from the country's Central Bank shows that the loan portfolio in this direction increased by 10 million manats ($5.8 million) (0.4 percent) compared to the previous month and decreased by 83 million manats ($48.8 million) (3 percent) compared to the same period last year.
The volume of business loans issued by banks in the industrial sector totaled 2.6 billion manat as of May 1, 2025, and 2.7 billion manat ($1.5 billion) as of June 1 last year.
As of June 1 of the current year, the volume of the loan portfolio of banks in Azerbaijan stood at 28.4 billion manats ($16.7 billion). Of the loan portfolio, business loans amounted to 15.1 billion manat ($8.8 billion), consumer loans - 8.9 billion manat ($5.2 billion), and mortgage loans - 4.4 billion manat ($2.5 billion).
