Bank Melli Iran ended the year with profit in Azerbaijan

16:28 - 8.01.2021


January 8, Fineko/abc.az. The Baku branch of Bank Melli Iran has presented a report for 2020.

ABC.AZ reports that the Bank finished last year with net profit of AZN 784,288, while previous year 2019 was completed with net loss of AZN 16.555 million.

The reduction of transfers for the creation of reserves on assets from AZN 18.29 million to AZN 364,866 ensured profit for the bank.

By Elmir Murad