Bank Of Baku

VTB-Azerbaijan’s non-interest loss rises 19%

VTB-Azerbaijan’s non-interest loss rises 19%
# 28 February 2013 10:46 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-Economics. VTB-Azerbaijan got AZN 8.234 mln-incomes in 2012 (+67.9%).

 

During the reporting period, expenses of the bank soared 34.8% to AZN 11.113 mln.

 

According to APA-Economics, last year, the bank’s loss amounted to AZN 2.879 mln (-13.8% or AZN 3.339 mln).

 

Note that, in 2012, bank’s interest incomes made AZN 7.302 mln, non-interest incomes – AZN 0.932 mln, interest expenses – AZN 2.406 mln, non-interest expenses – AZN 6.951 mln. Bank’s interest profit rose 53.1% last year. Non-interest loss soared 19.1%.

 

 

 

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