BAKU, Azerbaijan, October 18. Azerbaijan Senaye Bank JSC finished the third quarter of 2022 with a net profit in the amount of 4.3 million manat ($2.5 million), Trend reports citing a financial report of the bank.
According to the report, the bank's net interest income amounted to 10.1 million manat ($5.9 million) and was formed at the expense of interest income in the amount of 18.2 million manat ($10.7 million) and interest expenses in the amount of 8.2 million manat ($4,8 million).
The bank's non-interest income amounted to 7.46 million manat or $4.38 million (increase of 78.84 percent), while non-interest expenses - 13.3 million manat or 7.8 million.
The profit of the bank before taxes and unexpected expenses, connected to the banking activity amounted to $5.4 million manat ($3.1 million), and income tax payments - 1.09 million manat ($641.1 million).
Thus, Azerbaycan Senaye Bankı JSC completed the third quarter of 2022 with a net profit in the amount of 4.4 million manat ($2.5 million)