The Central Bank of Azerbaijan has published a review of the bank on the results of January-September 2022.

The document says that Azerbaijani banks have earned a net profit worth 683.2 million manats over 9 months.

This is up by 35.1% from in the same period of the last year.

In the reviewed period, the banks earned 1,956.6 million manats of interest income, 869.9 million manats of interest-free income, 467.4 million manats of interest expenses, 1,345.1 million manats of interest-free expenses, 0.5 million manats of unforeseen expenses, created a special reserve for overdue loans for 173.4 million manats, paid income tax for 157 million manats

Source: Turan News Agency