Number of unlucrative banks declines in January, Azerbaijan

Number of unlucrative banks declines in January, Azerbaijan
# 04 March 2015 10:36 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. Number of unlucrative banks in Azerbaijan has decreased.

Central Bank of Azerbaijan told APA-Economics that as of February 1, 2015, the number of lucrative banks in Azerbaijan stood at 40, unlucrative banks - at 5.

Total profit of 40 lucrative banks made AZN 70.94 mln, total loss of 5 unprofitable banks stood at AZN 4.037 mln. Total profit made AZN 66.90 mln, up AZN 36.34% or AZN 17.83 mln from 2014.

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