Bank cost to income ratio reached 58.7% in 2023 in Azerbaijan, according to the National Central Bank. This is 1.40% more than in the previous year.
Historically, bank cost to income ratio in Azerbaijan reached an all time high of 65.9% in 2012 and an all time low of 43.8% in 2008.
Azerbaijan has been ranked 21st within the group of 84 countries we follow in terms of bank cost to income ratio.
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