Bank BTB`s deposit portfolio grew by 8%

12:43 - 27.01.2020


January 27, Fineko/abc.az. Bank BTB released its financial statements for 2019.

ABC.AZ informs with reference to Bank’s report that Bank BTB's interest income by the end of 2019 grew by AZN 2.949 million or by 15% (against 2018) up to AZN 22.17 million and non-interest income by AZN 210,000 or 3% up to AZN 6.797 million.

In 2019 Bank's deposit portfolio reached AZN 133.344 million (by 8% more against 2018). The percentage division of the deposit portfolio into demanded and term deposits is 32% and 68% respectively.

Compared with 2018, last year’s both interest and non-interest expenses grew by 8% and totaled AZN 11.79 million on interest expenses and AZN 14.47 million on non-interest expenses.

By Elmir Murad

 

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