Banks with increased income tax payments

17:20 - 26.05.2023


May 26, Fineko/abc.az. Out of the 26 banks operating in Azerbaijan, 10 banks paid income tax for Jan-Mar 2023, and in six banks this figure was higher against Jan-Mar 2022.

ABC.AZ reports that among them are Bank of Baku, International Bank of Azerbaijan (ABB), Xalq Bank, Kapital Bank and Express Bank, Yapı Kredi Bank Azerbaycan.

Of the remaining 4 banks, two - Azerbaijan Industrial Bank and Günay Bank– have reduced income tax payments, the 1st bank - PASHA Bank – has not changed income tax payments, and the 1st bank - Bank Respublika - has paid income tax for 3 months of the current year, but I did not pay for the same period of 2022. Therefore, it was not possible to calculate the dynamics of his tax payments.

15 banks that did not pay income tax for the first 3 months of this year also did not pay income tax for Q1 of 2022, so it was also not possible to calculate the dynamics of tax payments of these banks.

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