Finance
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'Expressbank' has released its financial results for 2024. Last year, the bank earned AZN 11.2 million in net profit, which is down by 6.5 % from the previous year.
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Economic growth in Azerbaijan in 2024 was 4.1% amid a slowdown in the decline in oil production and the effectiveness of Karabakh's reconstruction.This was announced by international rating agency Fitch.
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International rating agency Fitch has once again confirmed the long-term issuer default rating (IDR) of Azerbaijan in foreign currency at the level of ‘BBB -’.This is stated in the agency's statement.
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