CBA increases staff costs by 22%

In 2024, the Central Bank of Azerbaijan (CBA) incurred expenses of 45.24 million manats ($26.6 million) on its employees, Report informs, citing the CBA.

According to the CBA, this is 21.5% more than in 2023.

As of January 1, the CBA granted loans in the amount of 375,000 manats ($220,590) to its employees, 5.8% less year-on-year.