Azerbaijan’s Central Bank to continue cutting interest rates in 2015

The bank said "measures to increase opportunities to access business loans, stimulate lending to the real sector and develop the banking and financial infrastructure” will be priorities next year.

The Central Bank in July cut refinance rate to 3.5% from 4.25% and to 4.25% from 4.75% in April. 

The government aims to double the non-oil economy by 2020.