Azerbaijan sees contraction in loans to industrial sector
As of July 1, 2025, Azerbaijani banks had issued 2.69 billion manat ($1.58 billion) in business loans to the industrial sector. This amount increased by 19.9 million manat ($11.7 million), or 0.7 percent, from the previous month but declined by 46 million manat ($27 million), or 1.7 percent, compared to the same date last year.
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