Uncovered non-performing loans as a share of bank equity reached 3.31% in May 2024 in Azerbaijan, according to the National Central Bank. This is 7.74% more than in the previous month.
Historically, uncovered non-performing loans as a share of bank equity in Azerbaijan reached an all time high of 6.99% in March 2022 and an all time low of 3.00% in January 2024.
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