Ziraat Bank Azerbaycan increases interest income more than by AZN 3 million


October 10, Fineko/abc.az. Interest income of Ziraat Bank Azerbaycan amounted to AZN 13.18 million for the past 9 months of the current year.

ABC.AZ reports that the data is covered by ZBA’s financial statements for Jan-Sept 2019.

According to the report, over the same term of last year this figure reached AZN 9.596 million.

The Bank’s report says that non-interest income fell from AZN 3.468 million to AZN 2.76 million.

As for expenditures, they observe growth. Thus, ZBA’s interest expenditures for Jan-Sept 2018 amounted to AZN 3.17 million, while the indicator AZN 3.53 million for the 2019 same term. And non-interest expenditures grew from AZN 5.535 million up to AZN 5.968 million.

By Elmir Murad