TuranBank gets 7% rise in profit in 2012

 TuranBank gets 7% rise in profit in 2012
# 15 February 2013 08:02 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Incomes of Azerbaijan’s TuranBank stood at AZN 23.046 mln in 2012 (+23.4%). During the reporting period, bank’s expenses increased by 27.3% to AZN 19.180 mln.

At the end of last year, TuranBank gained AZN 3.866 mln-profit (+7.1%).

Note that, during the reporting year interest incomes made AZN 19.173 mln, non-interest incomes – AZN 3.874 mln, interest expenses – AZN 9.767 mln, non-interest expenses – AZN 9.414 mln. Consequently, at the end of last year, interest profit of the bank grew by 16.1%, non-interest loss – 24.5%.

#
#

THE OPERATION IS BEING PERFORMED