Bank’s total operating income amounted to AZN 98.65 million

17:01 - 26.07.2023


July 26, Fineko/abc.az. AccessBank's total operating income (interest and non-interest income) reached AZN 98.65 million for the 1st half of 2023.

ABC.AZ reports that bank's total operating expenditures (interest and non-interest expenses) totaled AZN 74.35 million and since revenues exceeded expenditures, operating profit reached AZN 24.418 million.

From the operating profit, the bank allocated AZN 4.949 million to target reserves created for possible losses.

For comparison, in the 1st half of 2022, AccessBank's total operating income was AZN 68.67 million, total operating expenses — AZN 61.717 million, operating profit — AZN 6.955 million, and AZN 5.115 million were allocated to the reserve.