9 August 2022, Baku: In keeping with its strategic communication mission, the Central Bank of the Republic of Azerbaijan continues to actively inform and educate the public, including leading target groups, through communication channels to increase the potential of economic analysis in society and shape economic expectations. On this basis, statistical and analytical reports, reviews, bulletins, results of studies and surveys are periodically made available to a wide audience.

In this context, since the first quarter of 2022, the Central Bank has conducted a bank lending survey, and the results have been prepared as an analytical paper.

The purpose of the survey is to assess the risks to financial stability, determine the tendencies of warming or shrinking in the lending market. The survey includes an assessment of supply and demand factors for business, consumer and mortgage lending, as well as the identification and assessment of risks faced by banks. The results of the survey act as a new analysis and forecasting tool, being a source of information in the assessment of lending market activity.

The results of the bank lending survey will be continuously improved considering the best international practices and will be published in an electronic version on the official website of the Central Bank on a quarterly basis.

The results of the Q1 2022 Lending Survey are available at the following link:

https://uploads.cbar.az/assets/b6f491363444aa4829bd773d7.pdf