Banks’ loan portfolio of banks increased by 271.3 million manats for June

In June 2024, the loan portfolio of banks observed growth by 1.1%, or by 271.3 million manats, up to 25.429 billion manats.

banks.az informs, referring to the June issue of the Central Bank's statistical bulletin, that the structure of the loan portfolio was as follows:

I) Business loans - 54.6% (13.874 billion manats); II) consumer loans – 30% (7.633 billion manats) and III) mortgage loans – 15.4% (3.92 billion manats).

The share of overdue loans in the total loan portfolio (including NBCOs and credit unions) decreased by 0.6 p.p. compared with June 2023 and made up 1.7%.

The structure of banks' liabilities is traditionally dominated by the deposit portfolio – 79.8% of the total liabilities, or 35.185 million manats.

60.6% of the deposit portfolio (21.304 billion manats) are deposits of legal entities, 39.4% (13.88 billion manats) are deposits of individuals (excluding deposits of individuals engaged in individual entrepreneurship).