Azerbaijani banks observe growth on interest and non-interest income

11:56 - 20.02.2023

February 20, Fineko/abc.az. Azerbaijani banks’ non-interest income is increasing.

ABC.AZ reports that by the end of 2022, the share of non-interest income in the total income of banks increased and exceeded 30% for the first time.

Thus, in 2022, the total revenues of Azerbaijani banks amounted to AZN 3.955 million. Of them, AZN 2.739 million were interest income, and AZN 1.216 million were non-interest income. In total revenue, interest income made up 69%, and non-interest income - 31%.

By Elmir Murad