Baku. Musa Ahmadov - APA-Economics. As of May 1, 2014, Azerbaijan-based 44 commercial banks’ (including Kovserbank) profit made AZN 137.72 mln, up AZN 31.7 mln or 29.9% from previous year.
33 banks operated in profit (total AZN 171.39 mln). For comparison to note that number of banks operated in profit made 39 last year (total
Number of banks operated in loss made 11 (total loss