15:22 - 29.03.2021

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March 29, Fineko/abc.az. The banking sector of Azerbaijan completed the Jan-Feb 2021 term with net profit of AZN 73.1 million.

ABC.AZ reports with reference to the Central Bank that the banking sector received net profit of AZN 25.4 million for January. Thus, compared with January, the net profit of the banking sector grew by 2.9 times in February.

It should be noted that country’s banking sector completed the Jan-Feb 2020 period with net profit of AZN 97.9 million. Thus, compared with the same period of 2020 the net profit of the banking sector decreased by 25.3%.