Premium Bank`s non-interest income also declined in 2019

12:12 - 28.01.2020


January 28, Fineko/abc.az. The financial indicators of Premium Bank have been published.

ABC.AZ reports with reference to Bank's financial report that in 2019 its non-interest income amounted to AZN 21.19 million and non-interest expenses AZN 33.5 million. Thus, compared with 2018 Bank's non-interest income decreased by AZN 381,000 or 1.7%, while non-interest expenses by AZN 998,000 or 2.8%. AZN 1.8 million out of Bank's operating profit of AZN 13.19 million was directed for reserves created for possible losses. As a result, before the bank paid income tax, it amounted to AZN 11.207 million. Bank's net profit totaled AZN 8.868 million after paying income tax of AZN 2.339 million.