The role of credit in the economy of every country is very significant, and this manifested both at the macro level and at the level of individual economic entities. Lending to the economy is a set of different activities undertaken by the state through its monetary system.

The Azerbaijani government is planning to offer an alternative to easy credits for entrepreneurs engaged in small business.

Measures recently taken in Azerbaijan to develop entrepreneurship are expected to revive country's credit market as well.

The International Bank of Azerbaijan will soon issue the first tranche in the amount of 1.86 billion manats to the State Oil Company of Azerbaijan, said Sulayman Gasimov, SOCAR Vice-President for Economic Issues on October 15.

Azerbaijani banks seek to hedge against risks, the Central Bank of Azerbaijan (CBA) explained the recent changes in credit systems of some banks in the country.

The devaluation of the manat which happened in Azerbaijan in February still very much bother Azerbaijanis as they worry about their abilities to take on loans and business credit lines. Many people are wondering whether or not they should or can taken on additional credits.

If you’re poor, you’re rarely going to get a great deal on anything you buy. Bad credit, no down payment, no place to put a bulk purchase -- all of these mean that you end up paying more for something than everyone else. This situation attracts a lot of journalists writing articles about the desperate prices the working poor pay for everything from furniture to cars.