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Effektinvest reduced interest income

19.06.2020,12:43


June 19, Fineko/abc.az. Effektinvest LLC (NBCO) has published a report on the results of 2019.

ABC.AZ informs with reference to the report that NBCO's interest income decreased by 31.7% to AZN 82,300 during this period.

Also last year NBCO's administrative expenses tripled and amounted to AZN 93,100, while employee expenses decreased by 16% to AZN 38,000. As a result, NBCO's non-interest expenses grew by 20.7% up to AZN 177,600.