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24 January 2018


Azerbaijan-based banks’ net profit reaches AZN 600M

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Azerbaijan-based banks' total net profit as of December 1, 2017, amounted to AZN 592.7 million.

Axar.az reports citing Report.

According to the Financial Markets Supervisory Authority (FIMSA), in November 2017, interest income of banks amounted to AZN 1,731,800,000 and interest expenses to AZN 796.1 million. The banks’ interest income on credits stood at AZN 1,279,500,000.

During the reporting period, banks allocated AZN 316.8 million for special reserves.

Date
2018.01.05 / 18:44
Author
Axar.az
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