List of banks whose profits grew for Jan-Sept 

08.12.2022,11:08


December 8, Fineko/abc.az. The net profit of 18 of the 26 banks operating in Azerbaijan for Jan-Sept 2022 was higher compared with Jan-Sept 2021.

ABC.AZ reports that among them are Turan Bank, Azer-Turk Bank, Azerbaijan Industrial Bank, VTB Bank Azerbaijan, Naxçıvan Bank, Rabitabank, Bank of Baku, Ziraat Bank Azerbaycan, PASHA Bank, Bank Respublika, Kapital Bank, Günay Bank, Xalq Bank, Express Bank, AFB Bank, Mugan Bank and Azerbaijan International Bank (ABB), Baku branch of the National Bank of Iran. The highest dynamics was recorded on Turan Bank (5.3-fold) and the lowest on ABB (6.5%).

The (net) profit of two banks decreased - Premium Bank and Yelo Bank. The largest decrease was recorded on Yelo Bank (71.5%) and the smallest on Premium Bank (42.7%).