Central Bank of Azerbaijan doubles its profit in remarkable growth surge

May 23, 2025 - 20:00
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Central Bank of Azerbaijan doubles its profit in remarkable growth surge
The Central Bank of Azerbaijan’s profit more than doubled last year, reaching 721.5 million manat ($424.2 million) compared to 349.1 million manat in 2023. This surge was driven by increased interest income, which totaled 717.6 million manat, despite rising interest and commission expenses.