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.