BAKU, Azerbaijan, July 26. The volume of loan investments in the East Zangezur economic region as of July 1, 2025, increased by 726,000 manat ($427,068) or 6.5 percent compared to the previous month, amounting to 11.8 million manat ($6.9 million).
Data obtained by Trend from the Central Bank (CBA) indicates that the average interest rate on loans in this region during the reporting period was 17.55 percent.
Moreover, 11.1 million manat ($6.5 million) of the loans issued in the region were in the national currency during this time, while 697,000 manat ($410,008) were in freely convertible currency (FCC).
Additionally, the total volume of loan investments in the Karabakh economic region as of July 1, 2025, amounted to 500 million manat ($294.1 million), which is an increase of 4 million manat ($2.3 million) or 0.8 percent compared to the previous month, and 52.8 million manat ($31 million) or 11.8 percent compared to the same period last year.
The data shows that the average interest rate on loans in Karabakh was 19.58 percent during the reporting period.
Of the credit volume, 498.7 million manat ($293.3 million) were issued in the national currency, while 1.26 million manat ($741.1 million) were in FCC.
The total volume of loan investments across all regions of Azerbaijan as of July 1, 2025, decreased by 86 million manat ($50.5 million) or 0.3 percent compared to the previous month, but rose by 3 billion manat ($1.7 billion) or 12 percent compared to the same period in 2024, reaching a total of 28.4 billion manat ($16.7 billion).
