Baku, Azerbaijan, July 20
By Eldar Janashvili - Trend:
Azerbaijan’s AtaBank OJSC completed the second quarter of 2019 with a net profit of 148,740 manats, while the first three months of this year were completed with a profit of 126,880 manats, Trend reports with reference to financial report of the bank.
The bank’s net profit was formed at the expense of interest income of 8.627 million manats and non-interest income of 917,100 manats.
The interest expenses at the end of June this year amounted to 5.62 million manats, while non-interest expenses amounted to 5.297 million manats.
Operating loss amounted to 1.373 million manats.
As a result, the net profit of the bank as of July 1 amounted to 126,880 manats.
(1 USD = 1.7 AZN on July 20)