A bank with interest income growth by 36% up to AZN 36 million

17:39 - 17.01.2024


January 17, Fineko/abc.az. Yapı Kredi Bank Azerbaijan announced the financial results for 2023.

ABC.AZ informs that according to bank’s report, the net profit of the bank, which successfully completed last year, increased sharply up to AZN 12 million.

The report says that compared with last year, bank's interest income grew by 36% up to AZN 36 million, while non-interest income by 22% up to AZN 23 million. In general, bank's net interest income increased by 38% up to AZN 33 million.

According to the financial results, in 2023, compared with 2022, the bank's assets increased by 7%. Thus, the total assets of the bank for the reported period totaled AZN 515 million.