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Bank Technique sees profit in 2013

Bank Technique sees profit in 2013

31 January 2014 10:03 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based Bank Technique’s incomes in 2013 stood at AZN 43.763 mln, up 49.5% from 2012. Bank says the expenditures slipped 46.3% to AZN 40.026 mln.

Profit made AZN 3.737 mln in 2013, while bank faced AZN 45.176 mln-loss in 2012.

Other financial performances of the bank:

Interest incomes – AZN 25.174 mln;

Non-interest incomes – AZN 18.589 mln;

Interest expenditures – AZN 18.102 mln;

Non-interest expenditures – AZN 20.976 mln.

Interest profit stood at AZN 7.072 mln, while bank got AZN 4.495 mln-interest loss in 2012. At the same time, non-interets loss dropped 16.8 times to AZN 2.388 mln.

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