{"id":3009,"date":"2026-07-29T16:47:57","date_gmt":"2026-07-29T16:47:57","guid":{"rendered":"http:\/\/mpc.ge\/?p=3009"},"modified":"2026-07-29T16:47:57","modified_gmt":"2026-07-29T16:47:57","slug":"net-profit-of-azerbaijans-banking-sector-rises-over-24","status":"publish","type":"post","link":"https:\/\/mpc.ge\/en\/net-profit-of-azerbaijans-banking-sector-rises-over-24\/","title":{"rendered":"Net profit of Azerbaijan&#8217;s banking sector rises over 24%"},"content":{"rendered":"<p>In the first half of 2026, Azerbaijan&#8217;s banking sector recorded a net profit of 716.3 million manats (just over $421.3 million), representing a 24.2% increase year-on-year (YoY), Report informs, citing the Central Bank of Azerbaijan (CBA).<\/p>\n<p>During the six-month period, banks&#8217; operating income reached almost 3.744 billion manats (just over $2.2 billion), up 14.3% YoY, while operating expenses totaled approximately 2.62 billion manats (just over $1.54 billion), up 10.95% YoY.<\/p>\n<p>Allocations to special reserves amounted to 237.3 million manats (roughly $139.6 million), up 16.1% YoY. Unexpected expenses stood at 0.3 million manats (approximately $176,500), compared to income in the same period last year. Payments for profit tax rose by 27.6% YoY, reaching 171.1 million manats (just over $100.6 million).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the first half of 2026, Azerbaijan&#8217;s banking sector recorded a net profit of 716.3 million manats (just over $421.3 million), representing a 24.2% increase year-on-year (YoY), Report informs, citing the Central Bank of Azerbaijan (CBA). During the six-month period, banks&#8217; operating income reached almost 3.744 billion manats (just over $2.2 billion), up 14.3% YoY, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":3010,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-3009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/posts\/3009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/comments?post=3009"}],"version-history":[{"count":1,"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/posts\/3009\/revisions"}],"predecessor-version":[{"id":3011,"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/posts\/3009\/revisions\/3011"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/media\/3010"}],"wp:attachment":[{"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/media?parent=3009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/categories?post=3009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mpc.ge\/en\/wp-json\/wp\/v2\/tags?post=3009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}