Banking sector of Azerbaijan completed 9 months of year with loss of 444 mln AZN

Namig Huseynov
Author

Baku. 22 November. REPORT.AZ/ In January-September, aggregate net profit of commercial banks in Azerbaijan amounted to 129.335 million AZN, net loss - 572.848 million AZN.

Report informs, thus the banking sector finished the first 9 months of this year with a loss of 443.512 million AZN.

72,78% of this amount accounted for ‘International Bank of Azerbaijan’ OJSC (322.804 million AZN), 27.22% - 120.708 million AZN for 31 commercial banks. 

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