Xalq Bank`s profit rises by about AZN 7 million

13:11 - 24.10.2019


October 24, Fineko/abc.az. Xalq Bank's interest income increased by AZN 365,900 (0.45%) up to AZN 82.51 million (versus the 2018 same term), while interest expenses decreased by AZN 3.3 million (18.84%) to AZN 14.21 million.

ABC.AZ reports that the above-mentioned figures are covered by Bank’s report for the 3rd quarter of 2019.

According to the report, non-interest income grew by AZN 9.99 million (251.52%) up to AZN 13.96 million and non-interest expenses by AZN 6.76 million (22%) up to AZN 37.26 million.

The Bank ended Q3 with profit of AZN 24.52 million that is by AZN 6.56 million (36.52%) more against the 2018 same term.

The total capital for Jan-Sept 2019 grew by AZN 125.9 million (44.57%) up to AZN 408.39 million, and the authorized capital amounted to AZN 364.77 million.

By Elmir Murad

 

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