In 2025, credit unions in Azerbaijan suffered a loss of 0.3 million manats.
Elchi.az reports with reference to the Central Bank of Azerbaijan that in 2024, credit unions earned a net profit of 0.08 million manats.
During the reporting period, the net interest income of credit unions amounted to 2 million manats (11.1% more year-on-year), and operating profits amounted to 1 million manats (11.1% more year-on-year).
As of January 1, 2026, the assets of credit unions decreased by 1.6% to 12.4 million manats. Of this, 10.5 million manats or 84.7% are loans granted to customers. The sector’s loan portfolio decreased by 1% in the last 1 year.
During the reporting period, the liabilities of credit unions decreased by 3.6% to 2.7 million manats, and the balance sheet capital decreased by 1% to 9.7 million.