Ranking of Azerbaijani banks’ profit in January-June

Baku, Azerbaijan, Aug. 1

Trend:

The International Bank of Azerbaijan (IBA) received the biggest profit in terms of net profit (loss) in 2018, Trend reports referring to bank’s report.

According to the report, the IBA's net profit amounted to 300.34 million manats, which is 63.6 percent of the total profit of 30 banks operating in the country.

Kapital Bank ranked second with a profit worth 78.19 million manats (16.5 percent of total profit).

Unibank ranked third with a profit worth 62.43 million manats in January-June (13.2 percent of total profit).