12:41 - 16.04.2025

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April 16, Fineko/abc.az. Premium Bank OJSC received 1.58 million manats of net profit in the first three months of 2025 (38.4% less versus Jan-Mar 2024). However, in the first quarter of 2024, the net profit amounted to 2.57 million manats.

ABC.AZ informs, referring to bank's report, that in the 1st quarter of 2025, bank's total interest income totaled 8.85 million manats (12.9% more against Jan-Mar 2024).

The growth is mainly due to the fact that interest income from loans provided to customers reached 7.72 million manats. Interest expenses remained virtually unchanged and remained at 2.88 million manats. At the same time, the bank's non-interest income amounted to 2.99 million manats with a decrease of 21.2%. Thus, the total revenue of the bank in the first quarter amounted to 11.85 million manats with a slight increase.