17:53 - 12.01.2024

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January 12, Fineko/abc.az. The net profit of the nearest bank to Azersun Holding LLC, Azerbaijan Industrial Bank OJSC (ASB Bank), in 2023 was less than a year earlier.

ABC.AZ informs that this is reflected in the bank's annual financial statements.

Commercial bank's interest income amounted to 33.19 million manats, interest—free income — 12.31 million manats, interest expenses — 17.09 million manats, interest-free expenses - 22.16 million manats. As a result, ASB Bank received operating profit of 6.25 million manats.

After the bank allocated reserves for assets and the difference in income tax, net profit amounted to 5.12 million mantas (3% less than the result of 5.29 million manats in 2022).