YapiKredi Bank Azerbaijan's annual profit increased by four times

The Bank's interest income grew by 23% last year

Baku. 5 February. REPORT.AZ/ Net profit of YapiKredi Bank Azerbaijan CJSC increased by 3.8 times in 2014 and reached 4,667 million manats as of January 1, 2015.

Report informs referring to the Bank, the Bank's revenue last year increased by 28.90% amounting to 48.691 million manats.

The Bank's total expenses raised by 26.06% over the last year up to 39.907 million manats.

Interest expenses during the reporting year increased by 85.15% amounting to 10.814 million manats, a non-interest expenses increased by 14.46% and reached 27.646 million manats.

Thus, over the past year, interest income of YapiKredi Bank Azerbaijan was 23,852 million manats, non-interest loss - 13.621 million manats, that is by 23,44% and 17,99% respectively higher compared to 2013.

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