Baku. Elnur Huseynguluyev – APA-Economics. In January-September of 2011, Azerbaijan Industry Bank got AZN 1.774 mln profit, up 38% compared to last year.
During the reporting period, total incomes rose 52% to AZN 13.450 mln, as well as interest incomes increased by 57% to AZN 10.709 mln, non-interest incomes soared 32% to AZN 2.741 mln.
Total expenses increased by 53% to AZN 11.676 mln, interest expenses dropped 13% to AZN 2.816 mln, non-interest expenses rose 2 times to AZN 8.879 mln.
As a result, bank’s interest income within last year increased by 2.2 times to AZN 8.893 mln, non-interest loss rose 2.6 times to AZN 6.138 mln.
Remind that, Azerbaijan Industry Bank started to operate in 1996 as CI Bank and it changed brand in 2006. The bank operates 9 branches, 32 ATMs and 330 POS-terminals across the country.
Azerbaijan Industry Bank gets 38% rise in profit year-on-year
17 November 2011 09:48 (UTC +04:00)
İDMAN XƏBƏR
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