The CBA chairman noted that the annual percentage increased from four to eight percent during the month.
Rustamov noted that the share of business loans is increasing in Azerbaijan due to a decrease in consumer lending, which allows making positive forecasts against the backdrop of a decline in certain economic sectors of the country, such as trade, tourism and other areas.
In this regard, lowering the upper limit of the discount rate by one percent will give an impetus to the development of lending at the expense of the cheapening of loans, the chairman said.
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