Azerbaijan’s banking sector elevates in 1Q2025

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April 28, 2025 23:21 (UTC +04: 00)

Azerbaijan's banking sector elevates in 1Q2025


Azerbaijan’s banking sector saw solid growth in 1Q2025, with total assets rising to 54.9 billion manat ($32.3 billion) and net profits reaching 253.3 million manat ($149.6 million). Business loans dominated the loan portfolio, while deposit dollarization dropped, signaling stronger confidence in the national currency.





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