The Central Bank of Azerbaijan has published a review of non-bank credit organizations (NBCOs) based on the results of 2023. The document says that the last year local NBCOs earned a net profit of 75.8 million manats, which is up by 2.9 times from a year earlier. Note that in the reviewed period, the NBCOs earned 188.6 million manats of interest income, 25.1 million manats of non-interest income, 0.4 million manats of windfall income, incur...

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