Lending confidence grows as Azerbaijani banks post robust revenues

Azernews.Az

1 June 2025 20:10 (UTC+04:00)

Akbar Novruz

The trend is consistent with longer-term data. In January 2025, interest income was reported at 3.969 billion manats ($2.34 billion), suggesting that the banking sector has been performing steadily throughout the year. One year earlier, in May 2024, this number was 1.294 billion manats (around $763 million) — meaning banks have collectively earned 239 million manats ($141 million) more in interest since then.

Access to paid information is limited

Find the plan that suits you best.

1 month subscription

Full digital access to all news for 1 month

1.00₼

Select

3 months subscription

Full digital access to all news for 3 months

2.00₼

Select

-33%

6 months subscription

Full digital access to all news for 6 months

3.84₼

Select

-36%

1 year subscription

Full digital access to all news for 1 year

7.10₼

Select

-41%

Here we are to serve you with news right now. It does not cost much, but worth your attention.

Choose to support open, independent, quality journalism and subscribe on a monthly basis.

By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.

You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper

Thank you!