Credit investments in Azerbaijan's economy up over 9%

As of May 1, 2026, credit investments in Azerbaijan's economy stood at just under 32.632 billion manats (approximately $19.2 billion), Report informs, citing the Central Bank of Azerbaijan (CBA).

This figure is 1% higher month-on-month, 2.1% more than the beginning of the year, and 9.3% higher compared to the same period last year.

Of the total, nearly 22.441 billion manats (just over $13.2 billion), or 68.8%, was provided by private banks – an 8% increase year-on-year.

During the reporting period, credit investments by state-owned banks exceeded 8.168 billion manats (just over $4.8 billion), which is 11.6% higher compared to May 1, 2025. Year-on-year, the share of state banks in total credit allocation rose slightly from 24.5% to 25%.

As of May 1, credit allocation by non-bank credit institutions (NBCIs) surpassed 2.022 billion manats (almost $1.19 billion), reflecting a 12.2% increase year-on-year. However, their share in total credit allocation rose from 6% to 6.2%.