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Azerbaijani banks expect demand for consumer loans to grow by 13%
Finance
- 11 September, 2023
- 12:59
Azerbaijani banks expect demand for consumer loans to grow by 13% in the third quarter of 2023, Report informs, citing a survey on lending by the Central Bank of Azerbaijan (CBA).
In addition, in the third quarter, demand is projected to increase by 6% for car loans, by 17% for card loans, by 10% for salary-based loans, and by 8% household loans.
According to the survey results, in the second quarter of this year, the demand for consumer loans in Azerbaijani banks increased by 29%.
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