2025-8-30 20:07 |
Azerbaijan’s banking sector maintains steady net profits while improving operational efficiency, as reflected in a notable rise in operating profit through July 2025.
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Credit allocation to Azerbaijan’s trade and services sector has continued to grow, reflecting sustained business activity and financial support for the real economy.
Revenues from fast money transfer systems in Azerbaijan increased in February 2026. Data from the Central Bank shows growth compared to the same period last year. However, the number of transactions through these systems saw a decline.
The volume and number of transactions conducted using local payment cards in Azerbaijan recorded steady growth by the end of February, reflecting continued expansion in domestic payment activity.
Loan investment in Azerbaijan's construction sector by banks and non-banking institutions increased as of March 1, 2026. According to data from the country's Central Bank, this growth reflects both monthly and annual improvements.
Mortgage lending in Azerbaijan continued to grow in the first quarter, reflecting ongoing efforts to improve housing access for the population.
The moderation in pharmaceutical output growth suggests a normalization after last year’s surge, pointing to stabilizing demand and a more balanced expansion of the sector within the broader industrial structure.
Azerbaijan’s revenues from urea exports declined in the early months of the year, even as overall non-oil exports showed solid growth.