11:42 - 16.04.2026

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April 16, Fineko/abc.az. Premium Bank OJSC has published financial results for the 1st quarter of this year.

ABC.AZ informs, referring to Bank's report, that interest expenses totaled 2.868 million manats (8,000 manats, or 0.3% less versus Q1 of 2025).

Deposit expenses amounted to 2.187 million manats and interests on borrowed loans - 637,000 manats (a drop of 7,000 manats).

Income from commissions and fees reached 3.189 million manats (a rise of 703,000 manats or 28.3%), from foreign currency transactions (including exchange rate differences) - 555,000 manats (a rise of 53,000 manats or 10.6%).

General and administrative expenses amounted to 956,000 manats (55,000 manats/5.4% less), depreciation expenses — 273,000 manats (51,000 manats/15.7% less).

The created reserves for possible losses totaled 734,000 manats (567,000 manats, or 43.6% less than last year).

By Elmir Muradov