Bond.az White LogoBond.az Black Logo

Azerbaijani banks net profit $327 mln in 5 months

Azerbaijani banks reported a net profit of 557.1 million manat in the first five months of 2026. Operating profit stood at 837.5 million manat, according to the Central Bank.

David Wilson
ByDavid Wilson- Senior Editor
|
0

In January-May 2026, Azerbaijani banks earned a net profit of 557.1 million manat.

The Central Bank of Azerbaijan released the data.

The operating profit reached 837.5 million manat during the period.

Banks paid 134.7 million manat in profit tax to the state budget.

More News
Today / 09:02
|
381

Mortgage loans reach 200M manat in 5 months

Azerbaijan's mortgage loans hit 200M manat in 5 months, down 2.2% year-on-year.

0
Today / 08:30
|
752

Bank assets exceed 59 billion manat

Azerbaijani banks' assets exceeded 59 billion manat. Central Bank data shows a 3.2% increase in assets in May.

0
Today / 07:32
|
271

Insurance market in Azerbaijan grows 17%

Azerbaijan's insurance market grew 17% in five years. Abas Miskərli at AIIF 2026 said the market expanded 11% in 2025, and insurance penetration reached 1.63% of GDP.

0
Today / 06:31
|
281

Aquaculture registration fee rises to 70 manat

Azerbaijan increases state fee for aquaculture farm registration from 50 to 70 manat. Learn about the proposed changes and their impact on the sector.

0
Today / 05:31
|
214

Brent crude drops below $73

Brent crude oil price fell below $73 per barrel on London ICE exchange, dropping to $72.89. Read the latest updates.

0
Yesterday / 10:31
|
800

Changes in compulsory insurance types expected

Central Bank of Azerbaijan announces changes in compulsory insurance types. Motor insurance limit remains at 5 million manats with automatic restoration.

0
Yesterday / 09:30
|
627

New Payment Module to Be Applied in TQH (MİQ)

A new payment module for the Teacher Recruitment (MİQ) system is to be implemented. Project cost is 513,827 manats.

0
Yesterday / 08:02
|
588

700 million manat investment in agriculture

Azerbaijan's agriculture sector to get 700 million manat investment. President's aide Zeynal Naghdaliyev says funds will boost crop, livestock, and processing industries.

0
Yesterday / 07:32
|
990

Insurance assets exceed 2 billion manat

Azerbaijan insurance sector assets reach 2.1 billion manat, capital requirements doubled.

0
Yesterday / 06:32
|
366

Cybersecurity of financial markets assigned to Central Bank

Cybersecurity of financial markets assigned to Central Bank. New draft law strengthens cyber protection measures.

0
Yesterday / 06:31
|
891

Cyberattacks on Intelligence Agencies to Remain Secret

Cyberattacks on intelligence agencies will remain secret under a new bill centralizing cybersecurity information for critical systems.

0
Yesterday / 06:01
|
614

Azerbaijan oil price drops to $79.76

Azerbaijan oil price drops: "Azeri Light" crude falls to $79.76 per barrel.

0
...
Azerbaijani banks net profit $327 mln in 5 months | Bond.az