Azer-Turk Bank sees 30% decline in profit

Azer-Turk Bank sees 30% decline in profit
# 14 August 2013 09:33 (UTC +04:00)

Baku. Vahab Rzayev - APA-Economics. Azer-Turk Bank gained AZN 5 437 mln-income during Q1 of 2013, up 27.75 from a year earlier.

Bank’s expenses soared 43.4% to AZN 4.791 mln.

According to bank’s reports, during half-year, the bank got ANZ 0.646 mln-profit (-29.6%).

During the reporting period, interest incomes made AZN 4.591 mln, non-interest incomes – AZN 0.846 mln, interest expenses – AZN 1.863 mln, non-interest expenses - AZN 2.903 mln.

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