BAKU, Azerbaijan, July 27. The average interest rate on consumer loans issued via credit cards by banks reached 25 percent by the end of June 2025, marking a 2-percentage-point increase compared to the same period last year.
Data obtained by Trend from the Central Bank (CBA) indicates that average rates rose across several categories: loans for household appliances increased to 26 percent, home renovation loans reached 17 percent, auto loans climbed to 12 percent, and other consumer loans averaged 21 percent, each showing a 1- or 2-point rise over the year.
For the first half of 2025, consumer loans issued by non-bank credit organizations (NBCOs) carried an average interest rate of 35 percent.
