There is no longer a “black list” in banks.
According to Xezerxeber.az, if the citizen’s current financial capacity allows him to make the payment, he is granted a loan.
Azizaga Hagverdiyev, chief economist of the Association of Banks, stated that there is no longer a specific “blacklist” of banks:
Economist Khalid Karimli stated that the loans are granted to people whose names are on the “black list” and that there is no prohibition on this.
He clarified another point that banks pay special attention to when granting loans to customers.
In the detailed plot:
GOOD NEWS for citizens with bad credit history
GOOD NEWS for citizens with bad credit history