Bank lending in Baku and Azerbaijani districts reached 15.2 billion manat ($8.9 billion) in early March 2020, which is 14.6 percent more compared to the same period of 2019, Trend reports referring to the Central Bank of Azerbaijan (CBA).

Bank loans to Azerbaijani regions stood at 12.67 billion manats in April 2019, which is about 7.3 percent more compared to the same period of 2018, Trend reports referring to the Central Bank of Azerbaijan (CBA).

There are plans to allocate loans worth 10 million manats in 2019 to farmers in Azerbaijan via the State Service on Management of Agricultural Projects and Credits under Azerbaijan’s Agriculture Ministry, the head of the service, Mirza Aliyev, told on December 13.

A certain number of commercial banks operating in the country have resumed lending in national currency. The process of consumer credit issuance in national currency has recently been subjected to certain changes and restrictions.