Banks with reduced interest expenses

16:49 - 24.11.2021


November 24, Fineko/abc.az. The non-interest expenses of four out the 26 banks operating in Azerbaijan for Jan-Sept 2021 were less against the same period of 2020.

ABC.AZ informs that among the above-said four banks are Bank BTB and AFB Bank, as well as Baku branches of the Iranian and Pakistani national banks.
The largest decrease was recorded on the Pakistani bank (16.8%) and the smallest on Bank BTB (3%).

Non-interest expenses increased in the remaining 22 banks. The highest dynamics was registered on Rabitabank (59.5%) and the lowest on Azerbaijan Industrial Bank (1.2%).