Bank of Baku`s net operating profit decreased last year

13:11 - 11.06.2019

June 11, Fineko/abc.az. The net operating profit of Bank of Baku reduced much in the 4th quarter of 2018.

According to the report published by the Association of Banks of Azerbaijan (ABA), as of that date, the net operating profit of Bank of Baku had deficit of AZN 26 million.

Bank of Baku's net operating profit also declined in Q3 of 2018. During this period the decline amounted to AZN 23.6 million.

For comparison, in 2017 and 2016 the Bank completed its net operating profit with a surplus.

 

Other news