Azerbaijani banks gained 408 million manats of net profit in 4 months

The Central Bank of Azerbaijan has published a banking review on the results of January-April 2024. The document says that in 4 months the local banks gained 407.5 million manats of net profit. This is up by 18% from the same period of the last year. In the reviewed the banks earned 1,294.9 million manats of interest income, 521.6 million manats of non-interest income, 2.1 million manats of windfall income, incurred 352.4 million...

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