Bank Of Baku

VTB-Azerbaijan gets profit

VTB-Azerbaijan gets profit
# 29 July 2013 11:22 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. The incomes of Bank VTB (Azerbaijan) during January-June, 2013 made AZN 8.135 mln, up 2.4 times from previous year. Bank says the expenditures rose 71.4% to AZN 6.577 mln.

 

Profit made AZN 101,000 in the first half of 2013. Loss in 2012 stood at AZN 59,000.

 

Note that interest incomes made AZN 7.112 mln, non-interest incomes – AZN 1.023 mln, interest expenditures – AZN 2.392 mln, non-interest expenditures – AZN 4.186 mln. Interest profit rose 2.2 times to AZN 4.720 mln, non-interest loss – 23.0% to AZN 3.163 mln.

 

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