Azerbaijani citizens to get compensation for problem loans in euros and rubles
By Trend
The decree of the President of Azerbaijan Ilham Aliyev on problem loans also covers loans in rubles and euros, Vusal Gasimli, Executive Director of the Centre for Analysis of Economic Reforms and Communication, said during a live broadcast on Facebook, Trend reports.
Gasimli noted that loans in euros and rubles will be converted into US dollars at the rate of the Central Bank for February 21 and December 21, 2015. Compensation will be issued in manats, regardless of the currency which the loan was taken in, he added.
On February 28, President Ilham Aliyev signed a decree on additional measures for addressing issues of problem loans of natural persons in Azerbaijan.