Bank Of Baku

Azerbaijani banks' net profit rises by nearly 23%

Azerbaijani banks
# 25 September 2026 11:58 (UTC +04:00)

Azerbaijani banks posted a net profit of AZN 949.7 million and an operating profit of AZN 1.4877 billion in January-August 2026.

The net profit figure increased by 22.7% compared with the same period last year, APA-Economics reports, citing the Central Bank of Azerbaijan.

In eight months of this year, banks paid a total of AZN 245.8 million in profit tax.

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