12:20 - 30.07.2019

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July 30, Fineko/abc.az. Yapı Kredi Bank Azerbaijan has published a report on the financial performance for the period from January to June 2019.

According to the Bank, along with a decline in total income by 6.9%, total expenditures reduced by 10.8%. Expenditures, which amounted to AZN 17.78 million for the first 6 months of last year, fell by AZN 15.864 million for the same term of the current year. YKBA reduced interest and non-interest expenditures.

At the end of the 1st half of 2019 Bank’s operating profit reached AZN 7.798 million. For the 2018 same term this amount totaled AZN 7.637 million. Growth in operating profit is caused by a decline in interest and non-interest expenditures.