In May of this year, the situation with lending in four banks of Azerbaijan chnaged. Banks have revised interest on consumer and business loans in Azerbaijani manats.Thus, the International Bank of Azerbaijan changed the annual interest rate on cash loans from 16% to 14-23%, and Rabitabank changed the annual interest rate on Lombard loans from 27-32% to 25-29%.In addition, the annual interest rate on microcredits in VTB Azerbaijan Bank has been changed from 21% to 18%, and in ...
