Net Profit of Azerbaijani Banks Decreased by 16.5%

A delegation from the Baku Stock Exchange (BSE) met with Arsal Makhtafar, the head of the Development Finance Institute at J.P. Morgan, the BSE reported. According to the statement, a presentation was shown during the meeting, highlighting Azerbaijan's economic indicators, the exchange's development path, strategic goals, and current status.

The joint-stock company BOA Agency, which specializes in the accumulation of overdue debts (including bank loans) in Azerbaijan, will hold an extraordinary general shareholders' meeting on December 22 at 11:00, the company announced in the newspaper “Taxes” of the State Tax Service under the Ministry of Economy.

USD 1,7 EUR 1,7803

The analysis shows that the economic growth in Azerbaijan in 2026-2028 will be fully ensured at the expense of the non-oil and gas sector.This is stated in the conclusion of the Accounting Chamber on the Draft Law ‘On State Budget for 2025’.