Banking sector in Azerbaijan has reduced by 13%


June 24, Fineko/abc.az. The banking sector of Azerbaijan completed the Jan-May 2021 period with net profit of AZN 273.2 million.

ABC.AZ reports that for comparison, the sector closed the same period of last year with net profit of AZN 314.5 million.

The net profit of banks for the first 5 months of this year decreased by AZN 41.3 million or by 13.1% (versus Jan-may 2020).