Azerbaijani bank sector’s net profit sharply increases

Azerbaijani bank sector’s net profit sharply increases
# 22 February 2022 14:31 (UTC +04:00)

In January of this year banks in Azerbaijan obtained AZN 58,6 mln. net profit and operating profit amounted to AZN 89,4 mln., according to the calculations of APA-Economics based on the information of the Central Bank of Azerbaijan.

The net profit of the banks increased by 2,3 times while operating profits increased by 25,6% in annual comparison.

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