Bank Of Baku

Turanbank gets 46% growth in profit

Turanbank gets 46% growth in profit
# 30 October 2013 13:47 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based Turanbank’s revenues made AZN 20.248 mln in January-September, 2013, up 21.3% from 2012. Bank says the expenditures rose 15.85% to AZN 16.122 mln.

 

Bank’s profit increased by 46.1% to AZN 4.126 mln.

 

Interest incomes made AZN 17.141 mln, non-interest incomes – AZN 3.107 mln, interest expenditures – ANZ 78.652 mln, non-interest expenditures – AZN 7.470 mln Consequently, interest profit soared 30.0% to AZN 8.489 mln, non-interest loss – 17.7% to AZN 4.363 mln.

 

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