This bank received AZN 91.1 million of interest income in three months

11:31 - 15.01.2024


January 15, Fineko/abc.az. Rabit Bank has announced the financial results for the last quarter of 2023.

ABC.AZ informs with reference to the bank's report that in the last quarter of 2023, the bank received AZN 91.1 million of interest income.

AZN 79.5 million of income was generated from income received from loans.

Total interest revenues increased by AZN 22.7 million (33.2%) compared with last year, and interest income received from loans - by AZN 18.45 million (30.2%).

Interest expenses for this period amounted to AZN 30.68 million (AZN 10.96 million, or 55.6% more than a year earlier).