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FIMSA: Azerbaijan-based banks’ net profit amounts to AZN 216M

Azerbaijan-based banks' total net profit As of August 1, 2017 amounted to AZN 216.8 million.

According to the Financial Markets Supervisory Authority (FIMSA), in July 2017, interest income of banks amounted to AZN 1,145,600,000 and interest expenses to AZN 559.1 million. The banks’ interest income on credits stood at AZN 845.5 million.

 

At the same time, during the reporting period, banks allocated AZN 297.3 million for special reserves.

 

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/ 27 May, 2018

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