Four banks’ loan portfolio in Azerbaijan exceeded AZN 1 bn

The loan portfolio of four out of the 26 banks operating in Azerbaijan exceeded AZN 1 bn as of 1 July 2021.

banks.az reports that among them are the International Bank of Azerbaijan (AZN 2.439 bn), PASHA Bank (AZN 2.144 bn), Kapital Bank (AZN 1.98 bn) and Xalq Bank (AZN 1.386 bn).

Of the remaining 22 banks, the loan portfolio in 20 ranges from AZN 100 million to AZN 1 billion and in 2 banks is less than AZN 10 million.