ABB completed 1st half of 2022 with net profit of AZN 118.417 million

12:34 - 25.07.2022

July 25, Fineko/abc.az. The largest bank of Azerbaijan on assets, International Bank of Azerbaijan (ABB), completed the 1st half of 2022 with net profit of AZN 118.417 million (versus net profit of AZN 148.15 million for Jan-Jun 2021).

ABC.AZ reports that for the same period of 2021 bank's net profit increased by AZN 10.268 million, excluding the amount of one-time dividends in the amount of AZN 40 million.

In addition, during the compared period, transfers to target reserves created for possible losses in the bank also increased by AZN 34 million.

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