Overdue loans in Azerbaijan reached 754.3 million manats as of October 1, up 42.8% from a year earlier and 43.8% since the start of the year, according to the Central Bank of Azerbaijan.
The Central Bank of Azerbaijan (CBA) reported that the volume of problem loans also rose 4.5% compared with September 1.
According to the data, overdue loans accounted for 2.1% of the total loan portfolio at the end of September, unchanged from the end of August, when the share stood at the same level.
By comparison, problem loans made up 1.6% of the portfolio at the end of last year and 1.7% at the end of September last year.
