12 banks in Azerbaijan paid profit tax ahead of schedule


December 7, Fineko/abc.az. 12 out of the 26 banks operating in Azerbaijan did not wait until the end of the year to pay income tax.

ABC.AZ reports that among them are Kapital Bank, Azerbaijan International Bank, PASHA Bank, Bank of Baku, Bank Respublika, Xalq Bank, Express Bank, Azerbaijan Industrial Bank, Ziraat Bank Azerbaycan, Azer-Türk Bank and Günay Bank, and Yapı Kredi Bank Azerbaycan.

These banks paid a total of AZN 156.95 million of income tax to the State Budget for Jan-Sept 2022. The highest indicator in this regard was recorded on Kapital Bank (AZN 57.136 million), and the lowest figure on Günay Bank (AZN 187,000).