BAKU, Azerbaijan, January 17. Azerbaijan's Kapital Bank has completed the fourth quarter of 2022 with a net profit of 308.047 million manat ($180.9 million), Trend reports citing the bank's financial report.
According to the report, the bank's net interest income amounted to 525.3 million manat ($308.55 million), formed of interest revenues of 609.37 million manat or $357.9 million (growth of 28.51 percent) and interest expenses of 84.06 million manat ($49.37 million).
As of December 31, 2022, the non-interest income of the bank reached 393.9 million manat, $231.37 million (a rise of 30.94 percent), while non-interest expenses stood at 458.766 million manat ($269.47 million).
Profit before tax and contingency related to banking activities made up 385.309 million manat ($226.3 million), whereas income tax payments settled at 77.26 million manat ($45.38 million).