Net foreign assets of Azerbaijani banks down by 5%

[ad_1] As of July 1, 2021, the net foreign assets of Azerbaijani banks amounted to over 18.285 billion manats ($10.75 billion). Report informs, citing the Central Bank of Azerbaijan, that this figure is 5% more than on June 1, 2.8% more than at the beginning of the year, and 9.2% more than a year ago.… Continue reading Net foreign assets of Azerbaijani banks down by 5%

Net profit of Goldman Sachs increased 9 times in 1H21

[ad_1] The net profit of the US banking giant Goldman Sachs Group Inc. attributable to shareholders in the first half of 2021 increased 9.1 times compared to the same period last year and amounted to $12.058 billion, Report informs with reference to the bank. Report informs citing Prime, diluted earnings per share amounted to $33.64… Continue reading Net profit of Goldman Sachs increased 9 times in 1H21

Azerbaijani banks’ net profit down by 13%

[ad_1] In January-May of 2021, the net profit of the banking sector of Azerbaijan stood at AZN 273.2 million, which is 13.1% lower than the same period in 2020. In the first five months of 2021, banks’ operating income amounted to AZN 1,169.3 million (10.1% more than a year ago), operating expenses – to AZN… Continue reading Azerbaijani banks’ net profit down by 13%