Credit investment in Azerbaijani economy up by 15%

As of May 1, credit investment in the Azerbaijani economy amounted to 29.9 billion manats ($17.6 billion), Report informs, citing the Central Bank of Azerbaijan (CBA).

This is 0.7% more than the previous month, 2.1% more than in early 2025, and 15.1% more year-on-year.

Private banks accounted for 20.78 billion manats ($12.22 billion) or 69.5% of credit investment, 12.6% more than a year ago.

As of May 1, credit investment by state banks amounted to 7.32 billion manats ($4.3 billion), 18.1% more than in the previous year. During the year, the share of state banks in total credit investment increased from 23.9% to 24.5%.

As of May 1, credit investment by non-bank credit organizations (NBCOs) amounted to 1.8 billion manats ($1.06 billion). This is 34.5% more than the previous year. During the year, the share of non-bank financial institutions in total credit investment increased from 5.2% to 6%.

Twenty-two banks are currently operating in Azerbaijan, 2 of which have state shares. The number of NBCOs is 56.