Bank Of Baku

Pasha Bank gets 0.2% rise in Q1 profit

Pasha Bank gets 0.2% rise in Q1 profit
# 19 April 2013 12:02 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based Pasha Bank’s revenues in the first quarter of 2013 made AZN 15.458 mln, up 15.7% from a year earlier. Bank says its expenditures rose 31.2% to AZN 8.448 mln.

 

Consequently, bank’s profit in the first quarter if 2013 made AZN 7.010 mln, up 0.2% in annual comparison.

 

Note that interest incomes stood at AZN 12.605 mln, non-interest incomes – at AZN 2.853 mln, up 9.6% and 50.2% from previous year.

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