Non-performing loans as a share of bank loans reached 2.10% in first quarter of 2024 in Azerbaijan, according to the National Central Bank. This is 8.96% more than in the previous quarter.
Historically, non-performing loans as a share of bank loans in Azerbaijan reached an all time high of 3.05% in 1Q2022 and an all time low of 1.93% in 4Q2023.
Azerbaijan has been ranked 50th within the group of 85 countries we follow in terms of non-performing loans as a share of bank loans.
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