Bank Of Baku

Bank Avrasiya gets profit in first quarter

Bank Avrasiya gets profit in first quarter
# 19 April 2013 09:23 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based Bank Avrasiya’s revenues in the first quarter of 2013 made AZN 1.916 mln, up 19.6% from previous year. Bank says its expenditures in the reporting period fell 57.1% to AZN 1.157 mln.

 

Consequently, bank’s profit in the first quarter made AZN 645,000, while in 2012 it got AZN 1.093 mln-loss.

 

Note that bank’s interest incomes were equal to AZN 1.678 mln, non-interest incomes – to AZN 0.238 mln, interest expenditures – to AZN 0.630 mln, non-interest expenditures – to AZN 0.527 mln. 

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