Bank VTB (Azerbaijan) ended last year with profit


February 3, Fineko/abc.az. Bank VTB (Azerbaijan) has unveiled its financial indicators for 2020.

ABC.AZ reports that the Bank completed the past year with profit of AZN 3.86 million.

In 2020, the interest income of Bank VTB (Azerbaijan) totaled AZN 10.4 million (25% more versus 2019) and interest expenditures AZN 3.2 million (1.5% more), and the net interest profit 6.3 million (65% more). The Bank managed to reduce the volume of problem loans by AZN 140.88 million.