11:33 - 20.04.2020

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April 20, Fineko/abc.az. The Baku branch of Bank Melli Iran has released the financial indicators for the first quarter of 2020.

ABC.AZ reports that according to Bank’s report that it completed the reported term with net profit of AZN 234,172. For comparison, for the same period of 2019 the branch suffered damage in the amount of AZN 8.603 million.

According to the report, the total income of the Baku branch of BMI for Jan-Mar 2020 amounted to AZN 830,565 and total expenses AZN 596,393. Since revenues exceeded expenses, the branch had net profit of AZN 234,172.