Azer-Turk Bank sees 12% growth in profit

 Azer-Turk Bank sees 12% growth in profit
# 28 February 2013 10:34 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Azer-Turk Bank gained AZN 9.198 mln-income in 2012 (+13.4%). During the reporting year bank’s expenses grew by 13.6% to AZN 7.996 mln.

Last year, the bank got AZN 1.202 mln-profit, (+12.0%).

Note that, in 2012, Azer-Turk Bank’s interest incomes made AZN 7.408 mln, non-interest incomes – AZN 1.790 mln, interest expenses – AZN 2.602 mln, non-interest expenses – AZN 5.361 mln. Bank’s interest profit rose 9.1% last year. Non-interest loss soared 9.1 times.

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