MP: Interest rates on bank loans may be reduced in Azerbaijan

  15 December 2020    Read: 940
MP: Interest rates on bank loans may be reduced in Azerbaijan

Interest rates of bank loans may be reduced in Azerbaijan, Head of the Committee on Economic Policy, Industry and Entrepreneurship of Azerbaijan’s Parliament, MP Tahir Mirkishili said on Tuesday.

The MP delivered the remark at a plenary session of the Parliament of Azerbaijan on Dec. 15.

Mirkishili stressed that a new bill for the banking sector is being prepared.

After the adoption of this bill, it will be possible to reduce the interests of bank loans, he said.


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