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Unibank of Azerbaijan releases financial report for 1Q2022

Finance Materials 25 April 2022 16:25 (UTC +04:00)
Unibank of Azerbaijan releases financial report for 1Q2022
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 25. Azerbaijan’s Unibank OJSC net interest income amounted to 23.9 million manat ($14.05 million). It was formed at expense of interest income of 37.3 million manat ($21.9 million an increase of 44.3 percent over the year) and interest expenses of 13.3 million manat ($7.8 million, an increase of 59.5 percent over the year).

Non-interest income of Unibank amounted to 10.6 million manat ($ 6.2 million, an increase of 50.2 percent over the year).

Non-interest expenses of the bank reached 30.2 million manat ($17.7 million, an increase of 49.08 percent over the year) as of March 31, 2022.

In the first quarter of 2022 the non-cash turnover of Unibank made 338.3 million manat, which is more than three times higher than the same period last year.

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