Bank with interest income of AZN 6.859 million for Jan-Mar - Bank BTB has published a report

13:11 - 5.05.2022

May 5, Fineko/abc.az. Over Jan-Mar 2022, interest income of Bank BTB amounted to AZN 6.859 million and interest expenses AZN 4.6 million.

ABC.AZ informs that according to the bank's report for the 1st quarter of 2022, the bank's interest income grew by 12.4% and interest expenses by 10.2% against Jan-Mar 2021. As a result, net interest income in the 1st quarter reached AZN 2.85 million.

In the first quarter, non-interest income of Bank BTB halved to AZN 1.56 million. Over Jan-Mar 2021, this figure exceeded AZN 2 million.

And the bank's non–interest expenses decreased by 10.5% to AZN 4.2 million - last year there were AZN 4.47 million. During this period, the bank's fees and commission expenses (i.e. the bank's expenses) increased by 77% from AZN 1.178 million last year to AZN 2.89 million.