USD 1.7

Baku 26 °C

AZ RU EN FA FR

Dark mode

POLITICS

NEWS

World

Economics

Sport

Culture news

Analysis

Blogs

Company

TOP 10

© 2004 - 2026 All copyright are reserved.

Finance

Home page

Azerbaijani banks see 15% growth in profit

Azerbaijani banks see 15% growth in profit

10 February 2012 14:24 (UTC +04:00)

Note that, in January-November, profit of the banks made AZN 121.17 million. Thus, in December, banks operated at a profit.

In 2011, interest income of the banks amounted to AZN 1,099.76 million, interest expense â€“ AZN 586.34 million, interest profit â€“ AZN 513.42 million. At the same time, non-interest income of banks amounted to AZN 320.98 million, non-interest expenses â€“AZN 538.39 million, net non-interest loss â€“ AZN 217.41 million.

In comparison with 2010, interest profit of the banks increased by 1.9%, while non-interest loss increased by 21%, as well as interest income rose 4.2%, while interest expenses increased by 6.3%. Non-interest income from operations increased by 18.2%, expenses â€“ 19.3%.

Finance

TuranBank conducts beach cleanup campaign on the Caspian coast in cooperation with the Ministry of Ecology and Natural Resources

TuranBank conducts beach cleanup campaign on the Caspian coast in cooperation with the Ministry of Ecology and Natural Resources

ADB: Expanding electric transport could bring Azerbaijan $18 mln annually

ADB: Expanding electric transport could bring Azerbaijan $18 mln annually

BSTDB Vice President Ziya Aliyev

BSTDB has financed over €9 billion in projects since its establishment – Vice President

BSTDB President Serhat Köksal

BSTDB President: Our more than 20-year partnership with Azerbaijan is built on mutual trust

ATTENTION!

Dear user for receiving paid news sign up

Sign up

ATTENTION!

Dear user for receiving paid videos sign up

Sign up

ATTENTION!

Dear user for receiving paid photos sign up

Sign up

THE OPERATION IS BEING PERFORMED