Azerbaijan's banks earn AZN 312 million of net profit in first quarter

The Central Bank of Azerbaijan has published a review of banks on the results of the first quarter of 2024. According to the document, local banks earned AZN 311.5 million of net profit in January-March, which is up by 16.3% from the same period of the last year. In the reviewed period, the banks earned AZN 962.6 million of interest income, AZN 391.9 million of non-interest income, AZN 1.7 million of other income, incurred AZN 259.7 million...

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