Baku. Vahab Rzayev – APA-Economics. Kavkaz Development Bank gained AZN 5.731 mln-income in 2012 (+68.4%). Expenses grew by 97% to AZN 5.344 mln.
Consequently, the bank got AZN 387,000-profit in 2012 (+77.7%).
Kavkaz Development Bank was founded in April of 1996.