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Azerbaijani banking sector ends 2016 on loss

According to the Financial Markets Supervisory Board (FIMSA), as of January 1, 2017 Azerbaijani banking sector’s loss stood at AZN 1,667,600,000.

Earlier, the FIMSA announced that banking sector’s loss in the eleven months amounted to AZN 1,271,500,000.

 

As of November 1, 2016, the loss amounted to AZN 969.5 million, as of October 1 – to AZN 1,547,100,000.

 

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