Net profit of Azerbaijan's banking sector increased by 23%

Net profit of Azerbaijan
# 26 September 2023 09:47 (UTC +04:00)

The banking sector of Azerbaijan made a net profit of AZN 724.2mln in January-August of the current year which is 22.9% more than the corresponding period of the previous year, APA-Economics reports citing the Central Bank of Azerbaijan.

During this period, banks' operating income increased by 25.2% to AZN 1064 mln.

In eight months of 2023, banks paid AZN 187.4 mln profit tax.

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