Iranian bank in Baku earned about AZN 8 million in net profit last year

The Baku branch of the National Bank of Iran has released financial figures for 2024. Last year the branch earned a net profit of AZN 7.7 million which is by 99.3% or 2 times from a year earlier. As of the beginning of the current year the ‘Bank of Iran's assets were 2.2% less than at the beginning of the last year - AZN 119.1 million, including the net loan portfolio down by 63.3% - AZN 1.5 million. At that, the Baku branch...

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