Azerbaijan's credit unions incurred losses of AZN 0.5 million in 9 months

The Central Bank of Azerbaijan has published a review of credit unions on the results of January-September 2024. The document says that local credit unions suffered losses of AZN 0.5 million in 9 months, which is up by 76.7% from the same period of the last year. In the reporting period, credit unions earned AZN 1.4 million of interest income, AZN 0.2 million of non-interest income, incurred AZN 0.1 million of interest expenses, AZN 0.9 mil...

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