7 banks in Azerbaijan suffered operating losses for 9 months


November 18, Fineko/abc.az. Seven out of the 30 banks of Azerbaijan were unable to obtain operating profit.

ABC.AZ reports that for the first 9 months of 2019 these seven banks faced operating losses. The lowest limit of operational damage was recorded in the Baku branch of Pakistan Bank. Thus, during this period Bank’s operating losses amounted to AZN 347,000. The remaining 23 banks received operating profits in various amounts.