Bank Of Baku

Bank SilkWay doubles interest profit

 Bank SilkWay doubles interest profit
# 24 July 2013 13:54 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based Bank SilkWay’s incomes during January-June, 2013, made AZN 8.190 mln, up 32.4% from previous year. Bank says expenditures rose 36.5% to AZN 4.804 mln.

 

Profit dropped 15.6% to AZN 1.713 mln.

 

Note that interest incomes made AZN 5.806 mln, non-interest incomes – AZN 2.384 mln, interest expenditures – AZN 1.784 mln, non-interest expenditures – AZN 3.021 mln. Interest profit doubled to AZN 4.022 mln. Non-interest loss stood at AZN 0.637 mln, while it was observed AZN 0.642 non-interest profit in 2012.

 

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