BAKU, Azerbaijan, April 13. The volume of
business loans issued by Azerbaijani banks to the information and
communications sector stood at 764.9 million manat ($450 million)
as of March 1, 2026.
Data obtained by Trend from the Central Bank of Azerbaijan (CBA)
indicate that this figure declined by 11.9 million manat ($7
million), or 1.5%, compared to the previous month, when it
increased by 123.8 million manat ($72.8 million), or 19.3%,
year-on-year.
Meanwhile, bank-issued business loans to the information and
communications sector stood at 776.8 million manat ($457 million)
as of February 1, 2026, compared to 641.1 million manat ($377.1
million) a year earlier.
Overall, Azerbaijan’s total banking sector loan portfolio
reached 30.1 billion manat ($17.7 billion) as of March. Business
loans accounted for 53.3% of the total at 16 billion manat ($9.41
billion), followed by consumer loans at 31.4% with 9.46 billion
manat ($5.57 billion), and mortgage loans at 15.3% totaling 4.59
billion manat ($2.7 billion).