Premium Bank`s non-interest income decreased much - Report

12:23 - 17.10.2019


October 17, Fineko/abc.az. Premium Bank has published its financial statements for the first 9 months of 2019 (Jan-Sept).

According to the report, PB’s interest income for the reported term amounted to AZN 29.867 million.

For comparison, Bank's interest income for Jan-Sept 2018 totaled AZN 26.879 million. The indicators of PB’s non-interest income became known. They decreased from AZN 16.255 million to AZN 15.8 million for Jan-Sept of the year.

Compared with Jan-Sept 2018, PB received more operating profit for Jan-Sept 2019 as its total expenditures decreased slightly and total earnings grew due to higher interest rates. Bank’s operating profit amounted to AZN 9.416 million for Jan-Sept 2018 and AZN 12.58 million for Jan-Sept 2019.

By Elmir Murad

 

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