Azer-Turk Bank`s net profit increased

15:50 - 26.07.2019


July 26, Fineko/abc.az. Azer-Turk Bank OJSC has published the financial statements for the 1st half of 2019 (the period from January to June).

According to the report, the Bank completed this period with net profit of AZN 774,000.

As for total revenues, for Jan-Jun 2019 they amounted to AZN 15.7 million (interest income of AZN 10.76 million, non-interest income of AZN 4.79 million and income returned from the reserve AZN 154,000). In total, Bank's expenditures amounted to AZN 14.936 million. As a result, the Bank completed the first 6 months with net profit of AZN 774,000.

For Jan-Jun 2018 Azer-Turk Bank's total revenues reached AZN 14.233 million (interest income of AZN 8.112 million, non-interest of AZN 5.444 million, income returned from the reserve AZN 1.14 million; other income of AZN 53,000), and total expenditures amounted to AZN 13.88 million. As a result, Bank's profit remained at the level of AZN 353,000.

 

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