Net profit of Azerbaijani banks increased by 27.5% during the year

10:19 - 8.07.2024

July 8, Fineko/abc.az. As of June 1, 2024, the net profit of Azerbaijani banks amounted to 519.7 million manats.

ABC .AZ reports with reference to the Central Bank of Azerbaijan that the indicator is 112.2 million manats (27.5%) more than on June 1, 2023, and 82.6 million manats (18.9%) more than on May 1, 2024.

The net profit of banks as of May 1, 2024 totaled 407.5 million manats, and as of June 1, 2023 - 437.1 million manats.