The net profit of the banking sector of Azerbaijan increased by 29.5% in January-August of this year and reached 589.4 million manats.

"APA-Economics" reports about this with reference to the Central Bank of Azerbaijan.

According to information, the operating profit of banks during this period was 849.9 mln.

formed manat.

Since the beginning of the year, banks have provided a total of 135.8 mln.

paid profit tax in the amount of manat.

This is 65.8% or 53.9 mln compared to the corresponding period of last year.

manat is more.