Azerbaijani banks’ profit rises 9 times

Azerbaijani banks’ profit rises 9 times
# 12 August 2013 13:44 (UTC +04:00)

Baku. Vahab Rzayev - APA-Economics. Azerbaijan-based commercial banks gained AZN 174.09 mln-pretax profit during January-June, 2013 (+9.1 times), CBA told APA-Economics.

Interest incomes of the banks made AZN 766.10 mln, interest expenses – AZN 390.56 mln and consequently interest profit was equal to AZN 375.54 mln. At the same time, non-interest incomes stood at AZN 194.71 mln, non-interest expenses – AZN 344.30. Consequently, AZN 149.59 mln-loss occurred on the non-interest operations.

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