17:12 - 5.11.2019
November 5, Fineko/abc.az. PASHA Bank completed the Jan-Sept 2019 period with net profit of AZN 64.596 million.
ABC.AZ informs that the data is covered by Bank’s financial indicators for the first 9 months of this year.
PASHA Bank's net profit grew by AZN 14.167 million or 28% (versus AZN 50.429 million of net profit for Jan-Sept 2018). Bank's total revenues amounted to AZN 198.16 million for Jan-Sept 2019 (rise of AZN 51.549 million or 35% against Jan-Sept 2018). Over Jan-Sept 2018 PASHA Bank earned only AZN 146.615 million.
Bank’s interest income totaled AZN 146.408 million (rise of AZN 22.145 million or 17.8%) and non-interest income AZN 51.756 million (rise of AZN 29.404 million or 2.3-fold). Total expenses reached AZN 107.48 million (rise of 12.8% or AZN 12.16 million against Jan-Sept 2018). In total, PASHA Bank's expenses amounted AZN 94.887 million for the 2018 Jan-Sept term. The excess of Bank's revenues over expenses ensured the growth of operating profit.
Over Jan-Sept 2019 Pasha Bank's operating profit totaled AZN 88.816 million. The Bank allocated operating profit of AZN 13.89 million to create a special reserve to compensate for possible losses on assets, and also paid income tax of AZN 11.1 million.
As a result, Bank's net profit amounted to AZN 64.596 million.
By Elmir Murad
25 April 2024
25 April 2024
25 April 2024
25 April 2024
25 April 2024
25 April 2024
25 April 2024
24 April 2024
24 April 2024
24 April 2024
24 April 2024
24 April 2024
24 April 2024
24 April 2024
24 April 2024
24 April 2024
24 April 2024
24 April 2024
24 April 2024
24 April 2024
24 April 2024
24 April 2024
24 April 2024
24 April 2024
24 April 2024
23 April 2024
23 April 2024
23 April 2024
23 April 2024
23 April 2024
23 April 2024