Uncovered non-performing loans as a share of bank equity reached 3.01% in first quarter of 2024 in Azerbaijan, according to the National Central Bank. This is 8.42% less than in the previous quarter.
Historically, uncovered non-performing loans as a share of bank equity in Azerbaijan reached an all time high of 6.99% in 1Q2022 and an all time low of 3.01% in 1Q2024.
Azerbaijan has been ranked 62nd within the group of 82 countries we follow in terms of uncovered non-performing loans as a share of bank equity.
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