IBA`s interest costs fall, while earnings grew - Report

11:47 - 21.01.2020

January 21, Fineko/abc.az. The International Bank of Azerbaijan observed an increase in both interest and non-interest income last year.

ABC.AZ reports with the reference to IBA's financial indicators that compared with 2018, Bank’s interest income grew in 2019 by AZN 26.84 million or 6.5% up to AZN 441.94 million, while non-interest income increased by AZN 27.352 million (23.6%) up to AZN 143.411 million.

Last year IBA's interest expenses decreased by AZN 20.224 million (17%) up to AZN 98.16 million, while non-interest expenses increased by AZN 48.442 million (41.3%) up to AZN 165.669 million.

 

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