List of banks whose interest expenses reduced for first 9 months


November 23, Fineko/ The interest expenditures of 10 out of the 26 banks operating in Azerbaijan for Jan-Sept 2021 turned out less against Jan-Sept 2020.

Banks with interest expenses above AZN 30 million

ABC.AZ reports that among the above-said banks are Xalq Bank, Azer-Turk Bank, Bank Avrasiya, Azerbaijan Industrial Bank, Yelo Bank, International Bank of Azerbaijan, Express Bank, Premium Bank and AFB Bank, and Yapı Kredi Bank Azerbaijan.

The remaining 16 banks increased interest expenditures. The highest dynamics was recorded on Bank VTB Azerbaijan (53.1%) and the lowest on Access Bank (3.9%).