Banks received net profit of AZN 770 million

29.11.2022,16:59


November 29, Fineko/abc.az. The banking sector of Azerbaijan received net profit of AZN 769.9 million for Jan-Oct 2022.

ABC.AZ reports with reference to the Central Bank of Azerbaijan that the indicator is by 35.05% more against Jan-Oct 2021.

Banks' operating income reached AZN 3.18 bn (30.8% more than a year ago), operating expenses – AZN 2.02 bn (27.3% more), unforeseen expenses – AZN 500,000, and income tax payments – AZN 178 million (62.3% more).