Iranian bank in Baku earned net profit worth 4 million manats last year

The Baku branch of the National Bank of Iran has released its financial indices for 2023. Last year, the credit institution earned a net profit of 3.9 million manats, which is up by 2.1 times from a year earlier. As of the beginning of this year, the assets of the Bank of Iran amounted to 26% more than at the beginning of the last year - 121.8 million manats, including a net loan portfolio of 56.9% less – 4.1 million manats. At that,...

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