BAKU, Azerbaijan, October 29. Azerbaijan’s banking sector has seen a growth in its credit portfolio, which increased by 2 percent, or 571.4 million manat ($336 billion), reaching 29.2 billion manat ($17 billion) as of October 1, 2025.
Data obtained by Trend from the Central Bank of Azerbaijan (CBA) indicates that business loans constitute 53.1 percent of the aggregate portfolio, amounting to 15.5 billion manat ($9.1 billion), whereas personal lending accounts for 31.4 percent (9.18 billion manat or $5.4 billion), and residential mortgages represent 15.5 percent (4.54 billion manat or $2.6 billion).
The rise in business lending is primarily driven by the construction, transport, and information and communication technology (ICT) sectors. Specifically, the construction sector’s business loan portfolio reached 1.5 billion manat ($88 million) (4.1 percent more than the previous year), the transport sector 1.78 billion manat ($1 billion) (+30.2 percent), and the ICT sector 721.5 million manat ($424.3 million) (+23.1 percent). Other sectors include industry at 2.68 billion manat ($1.58 billion) (-3.6 percent), agriculture at 1.95 billion manat ($1.15 billion) (+16.3 percent), trade at 4.29 billion manat ($2.52 billion) (+5.1 percent), and non-production and service sectors at 2.6 billion manat ($1.53 billion) (+6 percent).
