Azerbaijani credit unions gained a net profit of 0.1 million manats last year

The Central Bank of Azerbaijan has published a review of credit unions for 2024. According to the document, last year local credit unions gained a net profit of 0.1 million manats (previous year they finished with a loss of 0.25 million manats). In the reviewed period, the credit unions gained 1.9 million manats of interest income, 0.3 million manats of non-interest income, incurred 0.1 million manats of interest expenses, 1.2 million manat...

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