BAKU, Azerbaijan, July 18. Azerbaijan's Bank Avrasiya completed the second quarter of 2022 with a net profit of 165,090 manat ($97,100), Trend reports citing bank's financial report.
According to Bank Avrasiya, its net interest income in the second quarter of 2022 amounted to 5.08 million manat ($2.9 million). It was formed at the expense of interest income of 5.9 million manat or $3.4 million (an increase of 10.12 percent over the year) and interest expenses of 455,890 manat or $268,100 (a decrease of 15.89 percent over the year).
Non-interest income of Bank Avrasiya amounted to 1.3 million manat or $764,700 (an increase of 78 percent over the year). Non-interest expenses of the bank reached 3.1 million manat or $1.8 million as of June 30, 2022 (an increase of 34.22 percent over the year).
Profit before taxes and contingencies related to banking activities amounted to 165,090 manat ($97,100).
Bank Avrasiya completed the second quarter of 2022 with a net profit of 165,090 manat ($97,100).