Azerbaijani banks earned AZN 614 million of net profit in first half of year

The Central Bank of Azerbaijan has published a banking review based on the results of the first half of 2024. According to the document, local banks earned AZN 614 million of net profit in January-June. This is up by 9% from the same period of the last year. Note that over 6 months, the banks earned AZN 1,962.9 million of interest income; AZN 799.8 million of non-interest income; AZN 2.4 million of windfall income; incurred AZN 551.9 millio...

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