Net profit of banking sector fell more than by AZN 6 million


June 1, Fineko/ Azerbaijan has unveiled the data on the net profit of the domestic banking sector for April 2020.

ABC.AZ informs with reference to the Central Bank of Azerbaijan that the report on the net profit of country’s banking sector for Jan-Apr of this year shows a decrease.

Thus, if for the first 3 months of 2020 the net profit of the banking sector reached AZN 163 million, in April a decline of AZN 6.9 million was recorded. At the same time, the sector's net profit for April amounted to AZN 156.1 million.