banking sector
Credit Investments in Karabakh and Eastern Zangezur Up 17%
As of August 1, credit investments in Azerbaijan's Karabakh and Eastern Zangezur economic regions reached AZN 611.145 million, up 17% year-on-year.
Azerbaijan's ABB enters Uzbekistan market via partnership with Davr Bank
Azerbaijan's Economy Minister Mikayil Jabbarov announced that the country's largest bank, ABB, is entering the Uzbekistan market through a partnership and acquisition of a stake in Davr Bank.
VTB (Azerbaijan) Posts Decline in Profit and Deposits in First Half
VTB (Azerbaijan) reported a net profit of 5.826 million manats for the first half of 2024, down from 6.319 million manats a year earlier.
Bank VTB (Azerbaijan) Profit Declines
Bank VTB (Azerbaijan) posted a net profit of 5.825 million manats in Q2 2026, down 7.81% year-on-year.
How Did Yelo Bank Perform in the First Half of the Year?
Yelo Bank announced its financial results for the first half (January-June) of 2026. The bank significantly strengthened its capital position and maintained high growth in core operating income.
Kapital Bank Announces Financial Results
Kapital Bank reported financial indicators as of June 30, 2026, with assets reaching 13.3 billion manats and net profit up 44% year-on-year.
Bank Respublika to Increase Authorized Capital
Bank Respublika plans to increase its authorized capital by 126.79 million manats, or 2.7 times, from 73.96 million to 200.75 million manats.
AFB Bank Profit Falls Nearly 12-Fold
AFB Bank's profit in the first half of 2026 dropped 11.5 times to 237,000 manats, while assets grew 72%.