BAKU, Azerbaijan, April 18. The net loss of Azerbaijan's BTB Bank in 1Q2022 amounted to 3.3 million manat ($1.9 million), Trend reports with reference to BTB.
According to the data confirmed by the audit report, the interest income of BTB Bank amounted to 6.8 million manat ($4 million), non-interest income - 1.05 million manat ($617,600) in 2022.
The bank's interest expenses for 1Q2022 amounted to 4.006 million manat ($2.356 million), non-interest expenses - 4.002 million manat ($2.354 million).
Bank's assets increased by six percent - up to 356.7 million manat ($209.8 million) and its capital decreased by 6.11 percent - up to 51.6 million manat ($30.3) in 1Q2022 compared to the same period last year.