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Zamin Bank increases profit by 10% year-on-year

Zamin Bank increases profit by 10% year-on-year

16 November 2011 12:56 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. In January-September, 2011, Zamin Bank collected AZN 2.534 mln, up 9.7% compared to last year.

During the reporting period, total incomes of the bank rose 66% to AZN 26.207 mln, interest incomes â€“ AZN 17.967 mln, non-interest incomes â€“ AZN 8.239 mln.

Total expenses increased by 75% to AZN 23.673 mln, interest expenses â€“ AZN 6.823 mln, non-interest expenses â€“ AZN 16.850 mln.

Remind that, Zamin Bank was established in 1992. It operates 38 branches, 38 ATMs, 1,891 POS-terminals across the country.

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