Bank Of Baku

Expressbank gets 30% decline profit

Expressbank gets 30% decline profit
# 24 July 2013 13:14 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based Expressbank’s incomes during January-June, 2013 made AZN 15.636 mln, up 1% from previous year. Bank says the expenditures soared 21.3% to AZN 9.784 mln.

 

Profit dropped 30.3% to AZN 5.164 mln.

 

Note that interest incomes stood at AZN 12.124 mln, non-interest incomes – at AZN 3.512 mln, interest expenditures – at AZN 2.693 mln, non-interest expenditures – at AZN 7.781 mln. Interest profit surged 6.2% to AZN 9.434 mln, non-interest loss – 29 times to AZN 4.269 mln. 

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