Azerbaijan's banking sector sees debt write-offs in 6M2025

Oct 4, 2025 - 02:00
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Azerbaijan's banking sector sees debt write-offs in 6M2025
In the first half of this year, Azerbaijani banks wrote off nearly 57 million manat in loans, most of which were from consumer lending. Non-performing loans in the business portfolio climbed to about 430 million manat, with the rise largely driven by the construction sector and individual borrowers.