Bank credits for construction halve

In January-November 2000, the volume of bank credits for construction made up 271 billion manats, or half of last year’s. Since the share of bank credits constitutes only 6.5% of total financing of the construction sector, the drastic decline hasn’t seriously affected the overall indicator, which has even increased 2.3% to last year’s due to the growth in other funding sources. Thus, the means of enterprises and organizations has increased 8%, of the population 16%, state budget means 91%, etc.

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Issue: January, 1, 2001

President’s nationwide address

Russia to reimburse Gabala RLS damage

NBA advocates for greater hard currency role

New draft law on employment prepared

Bank credits for construction halve


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