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Amrahbank interest income increased up 45.3%

Finance Materials 4 November 2019 10:58 (UTC +04:00)
Amrahbank interest income increased compared to the same period last year
Amrahbank interest income increased up 45.3%

BAKU, Azerbaijan, Nov. 4

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Amrahbank interest income increased compared to the same period last year. So, by the end of the third quarter of 2019, Amrahbank interest income increased by 2,710,000 AZN or 45.3% compared to the same period last year and amounted to 8,700,000 AZN.

The bank's deposit portfolio also increased. As of September 30, 2019, the bank's customer accounts, including term and by demand deposits, totaled 163,390,000 AZN, which is 1,900,000 AZN or 1.17% more than for the same period last year.

As of September 30, 2019, Amrahbank's loan portfolio amounted to 100,226,000 AZN.

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