Azerbaijan boosts confidence in ICT sector with rising loan portfolio
Jul 17, 2025 - 02:00
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Azerbaijan’s business loan portfolio in the information and communication sector reached 666.3 million manats ($391.9 million) as of June 1, 2025, marking a 19.7% increase year-on-year. This growth reflects expanding financial support for the ICT industry, a key driver of the country’s economic diversification.