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Kapital Bankâ€™s interest profit sharply decreases

Kapital Bankâ€™s interest profit sharply decreases

03 November 2011 13:43 (UTC +04:00)

Baku. Elnur Huseynguluyev - APA-Economics. In January-September, 2011, Kapital Bankâ€™s profit made AZN 3.963 mln, up 25% compared to last year.

Total incomes of the bank during reporting period rose 13% to AZN 57.864 mln, interest incomes increased by 35.6% to AZN 28.696 mln, non-interest incomes rose 21% to AZN 29.168 mln.

Total expenses increased by 12% to AZN 53.901 mln, interest expenses rose 76% to AZN 20.637 mln, non-interest expenses decreased by 8.8% to AZN 33.264 mln.

Interest profit dropped 49% to AZN 8.059 mln, non-interest loss decreased by 67% to AZN 4.096 mln.

Remind that, Kapital Bank has been in operation since 2000. It operates 89 branches, 412 ATMs and 424 POS-terminals across the country.

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