Bank Of Baku

VTB Azerbaijan sees profit in 2013

VTB Azerbaijan sees profit in 2013
# 27 January 2014 14:06 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. Incomes of Bank VTB (Azerbaijan) in 2013 made AZN 21.514 mln, up 2.6 times from 2012. At the same time, bank’s expenditures rose 1.8 times to AZN 20.018 mln.

 

Bank’s profit stood at AZN 2.196 mln. In 2012, bank’s loss made AZN 2.879 mln.

 

Interest incomes stood at AZN 18.964 mln, non-interest incomes – at AZN 2.549 mln, interest expenditures – at AZN 5.798 mln, non-interest expenditures – AZN 14.219 mln. Consequently, interest profit increased by 2.7 times to AZN 13.166 mln, non-interest loss – by 49.6% to AZN 11.670 mln. 

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