Net profit of Azerbaijani NBCOs in first quarter amounts to 33 million manats

The Central Bank of Azerbaijan has published a review of non-bank credit organizations (NBCOs) based on the results of the first quarter of 2024. According to the document, in January-March, the local NBCOs earned a net profit of 32.9 million manats, which is up by 2.8 times from the same period of the last year. In the reviewed period, the NBCOs earned 61.9 million manats of interest income, 16.9 million manats of non-interest income, incu...

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Finance

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