Baku. Elnur Huseynguluyev – APA-Economics. In January-March, 2011, Azerbaijan-based Zamin Bank’s profit stood at AZN 1.340 mln, up 13.2% compared with a year ago.
Bank says the total income increased by 88.7% to AZN 8.367 mln, interest income to AZN 5.875 mln, non-interest income to AZN 2.492 mln.
Total expenditures rose 2.2 times to AZN 7.027 mln, interest expenditures to AZN 2.174 mln, non-interest expenditures to AZN 4.853 mln.
Interest profit made AZN 3.701 mln, non-interest damage AZN 2.361 mln.
Remind that, Zamin Bank is in operation since 1992. The bank operates 35 branches, 6 departments, 37 ATMs, 1,891 POS-terminals and 595 employees across the country.
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