Baku. Musa Ahmadov - APA-economics. In January-November, 2014, Azerbaijan-based banks’ total revenues made AZN 2.487 bln.
Central Bank of Azerbaijan told APA-Economics that the interest incomes stood at AZN 2,062,069,000, non-interest incomes at AZN 424.31 mln.
The incomes grew AZN 591.71 mln or 31.2% year-on-year.
During the reporting period, total expenditures of the banks made AZN 1,680,025,000, including interest expenditures – AZN 895.02 mln, non-interest expenditures – AZN 785.23 mln. Consequently, banks’ profit stood at AZN 806.74 mln. Banks allocated AZN 351.71 mln for special reserves, up 2.5 times from 2013. After allocations, banks’ pre-tax profit amounted to AZN 455.03 mln.
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