Banks received 482.2 million manats of interest income on loans in two months

17:39 - 29.03.2024


March 29, Fineko/abc.az. The revenues of Azerbaijani banks from loans for Jan-Feb have been published.

ABC.AZ reports with reference to the Central Bank that in two months of this year, banks' interest income on loans amounted to 482.2 million manats (19% more versus Jan-Feb 2023 - 404.8 million mantas).

Over Jan-Feb 2024, interest expenses totaled 125.5 million mantas (against Jan-Feb 2023 - 96.3 million mantas). Most of the interest expenses are interest expenses on deposits.