Bank Pre-Tax Return on Equity (Pre-Tax ROE) rose 7.81% yoy to 20.3% in Azerbaijan in September 2023

Bank pre-tax ROE rose 7.81% yoy to 20.3% in Azerbaijan in September 2023, according to the National Central Bank. This is 1.86% more than in the previous month.

Historically, bank pre-tax ROE in Azerbaijan reached an all time high of 20.7% in June 2023 and an all time low of 13.5% in February 2022.

Azerbaijan has been ranked 2nd within the group of 8 countries we follow in terms of bank pre-tax ROE, 2 places below the position seen 10 years ago.