12:27 - 30.01.2020
January 30, Fineko/abc.az. AFB Bank has unveiled the data on its financial condition.
ABC.AZ informs with reference to the Bank's report that in 2019 the Bank received AZN 6.244 million of profit that is by AZN 15.4 million or 71.2% less than in 2018 (AZN 21.65 million).
Bank's interest income for the past year amounted to AZN 28.855 million and interest expenses AZN 2.305 million. Compared with 2018, Bank's interest income decreased by AZN 5.085 million or 14.9% and interest expenses by AZN 454,000 or 16.4% in 2019.
Thus, in 2018 Bank's interest income amounted to AZN 33.938 million and interest expenses AZN 2.759 million.
