ASB earnings have grown


July 17, Fineko/abc.az. Azerbaijan Industrial Bank (ASB) has published financial statements for the 1st half of 2019.

Thus, according to the report, compared with the 1st half of 2018, ASB's interest income in the 1st half of 2019 grew by AZN 777,000 or 6.3% up to AZN 13.45 million and non-interest income by AZN 3.237 million or twice up to AZN 6.5 million.

Compared with the 1st half of 2018, ASB's interest expenses increased by AZN 531,000 or 8.3% up to AZN 6.9 million and non-interest expenses by AZN 160,000 or 2.8% up to AZN 5.767 million.

With the exception of interest and non-interest expenses, profit (operating profit) grew from AZN 3.555 million up to AZN 6.878 million.