Banking sector reflects strength of economic vision, institutional confidence

The resilience and growing sophistication of Azerbaijan’s banking sector stand as clear proof of the country’s successful economic policy and the determination of its institutions to build a stable, forward-looking financial system. In a recent report published by international credit rating agency Fitch Ratings, the progress made by Azerbaijani banks since 2017 has been highlighted as both substantial and consistent. The agency notes that the overall condition of the sector has significantly improved, with strong fundamentals and reduced risks laying the groundwork for sustainable growth.

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