BAKU, Azerbaijan, July 25. Azerbaijani banks earned a net profit of 576.6 million manat ($340.2 million) from January through June 2025.
The data obtained by Trend from the Central Bank of Azerbaijan shows that this figure decreased by 37.4 million manat ($22 million) or 6.1 percent compared to the same period last year.
At the same time, banks generated an operating profit of 881 million manat ($519.8 million), which is 5.5 million manat ($3.24 million) or 0.6 percent higher year-on-year.
During the reporting period, the banks paid a total of 134.1 million manat ($79.2 million) in profit tax, which is 10 million manat ($5.9 million) or eight percent more compared to the first half of 2024.
Specifically, in the first half of last year, banks generated a net profit of 614 million manat ($362.3 million), operating profit of 875.5 million manat ($516.5 million), and paid a total of 124.1 million manat ($73.3 million) in profit tax.
