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Bank SilkWay gets 36% rise in interest profit

Bank SilkWay gets 36% rise in interest profit

25 October 2013 08:38 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based Bank Silk Way’s income during 3 quarters of 2013 made AZN 13.103 mln, up 22.4% from 2012. At the same time, the expenditures surged 45.0% to AZN 8.241 mln.

Bank’s profit in January-September made AZN 3.117 mln, down 1.7% in annual comparison.

Interest incomes made AZN 10.170 mln, non-interest incomes – AZN 2.933 mln, interest expenditures – AZN 3.809 mln, non-interest expenditures – AZN 4.432 mln. Interest profit increased by 36.2% to AZN 6.631 mln. Non-interest loss stood at AZN 1,500 mln this year, non-interest loss – at AZN 0.387 mln last year.

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