Zamin Bank gets rise in profit

Zamin Bank gets rise in profit
# 07 February 2013 11:10 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based Zamin Bank earned AZN 39.033 mln of incomes in 2012, up 6.9% from 2011. Bank says at the same time, the expenditures rose 5.0% to AZN 37,980 mln.

Besides, bank’s profit made AZN 1.053 mln, up 2.9 times from a year earlier.

Note that interest incomes stood at AZN 30.749 mln, non-interest incomes – at AZN 8.284 mln, interest expenditure – at AZN 11.300 mln, non-interest expenditures – at AZN 26.680 mln. Interest profit rose 18.9%, non-interest loss – 15.0%.

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