Azerbaijan’s construction sector sees strong growth in business loans in 1Q2025
As of April 1, 2025, business loans issued by banks in Azerbaijan to the construction sector totaled 1.45 billion manat ($852.9 million), reflecting a 12.5 percent increase, or 203 million manat ($119.4 million), compared to the same period last year. The overall business loan portfolio of Azerbaijani banks reached 14.9 billion manat ($8.7 million), marking a growth of 13.1 percent, or 1.7 billion manat ($1 billion), compared to April 1, 2024.
