Azerbaijan’s financial landscape continues to evolve, demonstrating steady expansion and resilience in its banking sector. As of May 1, 2025, the total assets of Azerbaijani banks reached ₼54.6 billion ($32 billion), reflecting a 10.9% increase compared to the same period in 2024. The country’s banking institutions have maintained this upward trajectory, signaling the growing confidence and stability of Azerbaijan’s financial sector.
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