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Azerbaijan-based banks’ net profit exceeds AZN 141M


As of March 31, 2018 the net profit of the banking sector stood at AZN 141.3 milion.

 

According to the Financial Markets Supervisory Authority (FIMSA), the interest incomes made up AZN 287 million, interest expenditures – AZN 101.1 million.

 

During the reporting period, AZN 30.8 million was allocated for special reserves.

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