Bank Of Baku

Azerbaijan Industry Bank gets growth in interest profit

Azerbaijan Industry Bank gets growth in interest profit
# 07 February 2013 07:52 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-Economics. Azerbaijan Industry Bank’s incomes stood at AZN 18.115 mln in 2012 (-1.8). At the same time, expenditures grew by 7.1% to AZN 15.742 mln.

 

Consequently, last year, the bank gained AZN 2.373 mln-profit (-36.7%).

 

Note that, interest incomes made AZN 13.703 mln, non-interest incomes – AZN 4.412 mln, interest expenses – AZN 4.814 mln, non-interest expenses – AZN 10.928. Interest profit of the bank went up 15.2%, non-interest loss declined 5.8%. 

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