Muganbank sharply increases profits

Muganbank sharply increases profits
# 21 August 2012 08:40 (UTC +04:00)
Baku. Elnur Huseynguliyev – APA-Economics. Azerbaijan’s Muganbank has increased its profits to AZN 4,884 mln. in January-July, 2012. It exceeds the last year’s relevant period figures by 81%.

The bank’s head office told APA-Economics, the bank’s total income increased 27% to AZN 19,010 mln., including percentage income 20% to AZN 12,871 mln., non-percentage income 41% to AZN 6,138. The expenditures increased 15% to AZN 14,126 mln., including percentage expenditures 5.45% to AZN 5,756 mln., non-percentage expenditures 29% to AZN 6,635 mln.

In the analyzing period, the bank’s percentage profit increased 37% to AZN 7,116 mln., non-percentage profits reduced 38% to AZN 4,97 mln.

Muganbank was founded in 1992 by four individuals.
1 2 3 4 5 İDMAN XƏBƏR
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