Fx denominated loans as a share of bank loans reached 28.4% in May 2024 in Azerbaijan, according to the National Central Bank. This is 10.9% less than in the previous month.
Historically, FX denominated loans as a share of bank loans in Azerbaijan reached an all time high of 42.3% in July 2022 and an all time low of 28.4% in May 2024.
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