Baku. Musa Ahmadov – APA-Economics. As of October 1, 2014, 38 banks operated at a profit in Azerbaijan, Central Bank of Azerbaijan told APA-Economics.
Compared to two months earlier, 6 banks operated at a loss in September. The profit of 38 banks stood at AZN 348.52 mln, loss of 6 banks at AZN 31.33 mln. So, total profit of the banking system made AZN 317.19 mln, up AZN 28.59% or AZN 70.52 mln from a year earlier.