CBA doesn’t prohibit loans in foreign currency

The Central Bank of Azerbaijan hasn't made any recommendations for the termination of loans in the currencies of other countries for the bank customers of the republic.

"The Central Bank didn’t insist on loans only in manats. According to the law, those banks which work in the country can give loans in any currency. Each bank has its own credit policy and this decision is made in order to insure themselves against risks,’’ Sputnik Azerbaijan cites his statement.