Azerbaijan boosts confidence in ICT sector with rising loan portfolio

Azerbaijan boosts confidence in ICT sector with rising loan portfolio
ôîòî ïîêàçàíî ñ : trend.az

2025-7-17 19:17

Azerbaijan’s business loan portfolio in the information and communication sector reached 666.3 million manats ($391.9 million) as of June 1, 2025, marking a 19.7% increase year-on-year. This growth reflects expanding financial support for the ICT industry, a key driver of the country’s economic diversification.

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azerbaijan boosts confidence ict sector with rising loan

Ôîòî: trend.az

Azerbaijan boosts business loans to fuel construction sector growth

Azerbaijan’s construction sector continues to attract increased financing, with business loans rising by 6.2% year-on-year to reach 1.4 billion manats ($823 million) as of June 1, 2025. This steady growth reflects expanding investment and confidence in the sector, which plays a key role in the country’s economic development and infrastructure expansion. trend.az »

2025-07-16 19:54