BAKU, Azerbaijan, August 31. Loans to Azerbaijan's Karabakh economic region totaled 509.5 million manat as of August 1, 2025.
Data obtained by Trend from the Central Bank (CBA) indicates that this figure is 9.5 million manat ($5.5 million), or 1.9 percent, higher compared to the previous month, and 53 million manat ($31.1 million), or 11.6 percent, higher than in the same period last year.
During the reporting period, the average interest rate on loans in the region was 19.6 percent. Of the total loans, 508.3 million manat ($299 million) were extended in the national currency, and 1.2 million manat ($705,800) in freely convertible currency (FCC).
Additionally, loans to the Eastern Zangazur economic region as of August 1, 2025, increased by 1.1 million manat ($647,000), or 9.5 percent, month-on-month, reaching 12.9 million manat ($7.5 million).
The average interest rate in this region was 17.8 percent. Of the total, 12.2 million manat ($7.1 million) were allocated in the national currency, and 697,000 manat ($409,997) in FCC.
Total loans to all regions of Azerbaijan as of August 1, 2025, amounted to 28.4 billion manat ($16.7 billion). This represents a month-on-month increase of 26 million manat ($15.2 million), or 0.1 percent, and a year-on-year rise of 2.8 billion manat ($1.6 billion), or 10.9 percent.
