Azerbaijan-based banks get AZN 52M decline in loss

Azerbaijan-based banks get AZN 52M decline in loss
  • Clock-gray 10:41
  • calendar-gray 02 July 2018

As of June 1, 2018 Azerbaijan-based banks’ loss amounted to AZN 5.5 million.

 

According to Financial Markets Supervisory Authority (FIMSA), interest incomes stood at AZN 700.9 million, interest expenditures at AZN 250.2 million.

 

In January-May the banks earned AZN 484.1 million from interests.

 

AZN 247.2 million was allocated for special reserves. 

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