Baku. Elnur Huseynguluyev – APA-Economics. In January-March, 2011, YapıKredi Bank Azerbaijan’s profits stood at AZN 1.363 mln, down 50.4% compared to a year ago.
Bank says that total income decreased by 37.4% to AZN 4.014 mln, interest income went down 28.4% to AZN 2.508 mln, non-interest income decreased by 48.3% to AZN 1.506 mln.
Expenditures decreased by 27.6% to AZN 2.650 ml , interest income went down 54.3% to AZN 411.49 mln, non-interest incomes decreased by 18.8% to AZN 2.231 mln, PR and marketing expenditures went down 2 times to 7.980 mln.
Interest revenue decreased by 19.4% to AZN 2.097 mln, non-interest loss climbed 4.44 times to AZN 725.350 mln.
Remind that, YapıKredi Bank Azerbaijan has been in operation since 2000. The bank operates 5 branches, 17 ATMs and 85 POS-terminals.
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