Bank Of Baku

Demirbank gets 57% in profit

Demirbank gets 57% in profit
# 29 October 2013 08:28 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based Demirbank’s profit made AZN 44.803 mln in January-September, 2013, up 18.8% from a year earlier. Bank says the expenditures rose 16.3% to AZN 41.302 mln.

 

Profit increased by 56.7% to AZN 3.502 mln.

 

Interest incomes made AZN 39.068 mln, non-interest incomes – AZN 5.736 mln, interest expenditures – AZN 17.431 mln, non-interest expenditures – AZN 23.870 mln. Consequently, interest profit rose 35.0% to AZN 21.637 mln, non-interest loss grew 32.1% to AZN 18.134 mln.

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