Baku, Azerbaijan, May 1. Business loans issued
by banks in Azerbaijan to the construction sector reached a total
of 1.45 billion manat ($852.9 million) as of April 1, 2025.
Data obtained by Trend from the Central Bank of Azerbaijan (CBA)
indicates that this figure represents an increase of 203 million
manat ($119.4 million), or 12.5 percent, compared to the same
period last year.
Additionally, the total business loan portfolio of banks
operating in Azerbaijan amounted to 14.9 billion manat ($8.7
million) during this period.
Moreover, the business loan portfolio of banks in the country
grew by 13.1 percent, or 1.7 billion manat ($1 billion) in
comparison to April 1, 2024.