Bank Of Baku

AGBank gets 0.6% in profit

AGBank gets 0.6% in profit
# 28 October 2013 08:53 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based AGBank’s incomes made AZN 42.774 mln in the three quarters of 2013, up 22.6% from 2012. Bank says the expenditures rose 26.2% to AZN 36.616 mln.

 

Bank’s profit made AZN 3.412 mln, up 0.6% in annual comparison.

 

Interest incomes were AZN 31.116 mln, non-interest incomes – AZN 11.659 mln, interest expenditures – AZN 15.605 mln, non-interest expenditures – AZN 21.010 mln. Interest profit surged 32.5% to AZN 15.511 mln, non-interest loss soared 62.1% to AZN 9.351 mln. 

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