Five banks still operating at loss in Azerbaijan

Five banks still operating at loss in Azerbaijan
# 05 January 2015 13:33 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. Five banks are still operating at loss in Azerbaijan.

Central Bank of Azerbaijan told APA-Economics that as of December 1, 2014, the number of lucrative banks in Azerbaijan stood at 39, unprofitable banks - at 5.

Total profit of 38 lucrative banks made AZN 439.44 mln, total loss of 5 unprofitable banks stood at AZN 28.55 mln. Total profit made AZN 410.89 mln, up AZN 22.96% or AZN 76.73 mln from 2013.

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