List of banks where wage costs grow rapidly

12:13 - 21.02.2023


February 21, Fineko/abc.az. In 2022, payroll expenses increased in a number of banks operating in Azerbaijan.

ABC.AZ reports that for example, in 2022, Turanbank became the bank with the most growing wage costs.

Thus, the salary expenses of this bank increased by 58% or AZN 5.3 million. Wage costs have increased not only in Turanbank.

Also, in Rabitabank, Bank Respublika and Yelo Bank, salary expenses grew by 36-38%.

And the banks that have raised salaries the most on amounts are ABB and Kapital Bank.

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