16:41 - 14.04.2026

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April 14, Fineko/abc.az. The financial sector of Azerbaijan continues to maintain the banking model of the structure.

ABC.AZ informs that CBA Financial Stability Department’s director Atakhan Hasanov said this at a press conference.

He added that in 2025, the share of banks in the structure of the financial sector was 94.2%.

"In other segments, the share of the insurance sector was 3.5%, the share of non-bank credit organizations was 2.1%, and the share of investment companies - 0.2%," he said.

Hasanov added that in recent years there has been an increase in financial sector assets.

"In other words, the sector's assets amounted to 27.9 billion manats in 2017, and increased to 57.1 billion manats in 2025. Last year alone, financial sector assets grew by 7.7% or 4.4 billion manats. The banking sector accounted for the bulk of this growth - 4.1 billion manats. The growth of NBCOs’ assets amounted to 300 million manats," Hasanov said.

 

By Elmir Muradov