Banks allocated AZN 144M to cover possible losses - FIMSA

Banks allocated AZN 144M to cover possible losses - FIMSA
# 05 April 2017 08:45 (UTC +04:00)

According to the Financial Markets Supervisory Authority, the interest incomes stood at AZN 348.8 million, non-interest incomes at AZN 163.8 million, interests on loans at AZN 258.6 million. As of March 1, the interest expenditures made up AZN 170.6 million, AZN 66.6 million was spent to interests on deposits. Non-interest expenditures amounted to AZN 144.7 million.

The banks allocated AZN 143.6 million for creation of special reserve in order to cover the possible losses.

Generally, the banks’ profit in February amounted to AZN 197.3 million.

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