In 2025, credit unions in Azerbaijan incurred a loss of 0.3 million manat, APA-Economics reports, citing the Central Bank of Azerbaijan.
In 2024, credit unions earned a net profit of 0.08 million manat.
During the reporting period, net interest income of credit unions amounted to 2 million manat (11.1% more than the previous year), and operating profits amounted to 1 million manat (11.1% more than the previous year).
As of January 1, 2026, the assets of credit unions decreased by 1.6% and amounted to 12.4 million manat. Of this, 10.5 million manat or 84.7% are loans granted to customers. The sector's loan portfolio has decreased by 1% over the past year.
During the reporting period, the liabilities of credit unions decreased by 3.6% to 2.7 million manat, and the balance sheet capital decreased by 1% to 9.7 million.
