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Bank with sharply reduced interest income

15.04.2021,16:28


April 15, Fineko/abc.az. Industrial Bank of Azerbaijan has published a report for the 1st quarter of 2021.

ABC.AZ reports that Bank's interest income decreased.

So, if in the 1st quarter of last year the bank's interest income amounted to AZN 7.843 million, then in the 1st quarter of 2021 – AZN 7.325 million. And this means lagging of AZN 518,000.