Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based commercial banks posted the total pretax profit at AZN 59,94 million in January-April, 2010, down 1.9 times or AZN 55.41 mln from a year ago, said Central Bank of Azerbaijan.
With AZN 48,68 million worth of deductions for reserves included, the banks’ total profit made AZN 108,62 million, down 26.4% or AZN 38.89 million from year ago.
For this period, interest incomes reached AZN 340,77 million and interest expenses AZN 177,07 million while non-interest incomes stood at AZN 81,35 million and non-interest expenses AZN 136,13 million.
As a result, net interest profit was AZN 163,7 million and net loss was AZN 54,78 million.
Azerbaijan-based banks see decline in profit year-on-year
26 May 2010 12:35 (UTC +04:00)
İDMAN XƏBƏR
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