Capitalization of Azerbaijani banking sector as of October 1 increased, as compared to the beginning of the year, for 41.8%.

Mediamax reports referring Trend that the National Bank of Azerbaijan (NBA) informed on this.

According to the data of NBA, as of October 1, in 41 banks out of 45, functioning in the territory of Azerbaijan, the capital exceeded 10mln manats.

As of early October, the total profit of the banking system increased in the course of the year for 62.8% or for 179.62mln manats.