Elman Rustamov anounces volume of loans granted to banking sector

Read on the website Vestnik Kavkaza

The Central Bank of Azerbaijan (CBA) has granted about 1 billion manats to the banking sector, without taking into consideration the swap operations, the head of the Central Bank of Azerbaijan, Elman Rustamov, said.

A significant part of these loans has been granted under the state guarantee. These loans have mainly been granted to social projects,” APA cited him as saying.