BAKU, Azerbaijan, July 29. The business loan portfolio issued by Azerbaijani banks to the construction sector amounted to 1.54 billion manat ($910 million) as of July 1, 2025.
The data obtained by Trend from the Central Bank of Azerbaijan shows that this figure increased by 57 million manat ($33.5 million), or 3.8 percent, compared to the previous month (1.48 billion manat or $870 million), and grew by 156 million manat ($132 million), or 11.2 percent, compared to July 1 last year (1.38 billion manat or $810 million).
To note, as of July 1 this year, the Azerbaijani banks’ loan portfolio reached 28.47 billion manat ($16.78 billion), business loans - 15.14 billion manat ($8.9 billion), consumer loans - 8.9 billion manat ($5.25 billion), and mortgage loans - 4.4 billion manat ($2.6 billion).
