By the decision of the Central Bank Board, since February 12, the academic rate in the country has been reduced from 15% to 13%. This decision will further accelerate the process of reducing the cost of deposits, which occurs in the banking sector. In February, there was a decrease in annual interest rates on deposits in both manat (AZN) and US dollars. In total, the process of changing interest covered 10 banks.Thus, the annual profitability of...

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