Bank BTB non-interest income totals AZN 2.7 million for Jan-Jun

17:36 - 26.07.2022


July 26, Fineko/abc.az. By the end of Q2 of 2022 Bank BTB’s non-interest income amounted to AZN 2.704 million and non–interest expenses – AZN 7.59 million.

ABC.AZ reports that as a result, bank's operating profit reached AZN 74,000.

Instead, the bank had to create a reserve of AZN 5.348 million to protect against possible losses on assets. As a result, bank's net loss at the end of the 2nd quarter amounted to AZN 5.27 million.

While the bank completed the same period of 2021 with profit of AZN 538,000.