Bank net profit growth reached 40.4% in second quarter of 2023 in Azerbaijan, according to the National Central Bank. This is 25.2% less than in the previous quarter.
Historically, bank net profit growth in Azerbaijan reached an all time high of 54.0% in 1Q2023 and an all time low of 40.4% in 2Q2023.
Azerbaijan has been ranked 60th within the group of 79 countries we follow in terms of bank net profit growth.
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