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Interest income of Atrabank increased by 44%

Non-interest loss of the bank decreased by 26% over the past year

Baku. 5 February. REPORT.AZ/ Atrabank OJSC ended 2014 with a loss of 323.24 thousand manats.Report informs referring to the head office of the bank, in 2013 profit totaled 67.02 thousand manats.

During the reporting year, revenues of Atrabank decreased by 21.08% compared with the previous year, amounting to 5,990 million manats.Interest income amounted to 79.15%, non-interest income - 20.85% of the total revenues.

Over the past year interest income decreased by 25.62%, non-interest income - by 12.98%.

During the analyzed period, total bank expenses decreased by 16.08% compared to the 2013, amounting to 6,313 mln manats.Of these, 57.07% accounted for interest, 42.28% non interest expenses.

The bank's costs for PR and marketing amounted to 41.31 thousand manats.As a result, according to the components of the expenditure side, an annual decrease of 16.27%, 15.78% and 8.69% has been recorded respectively.

Correspondingly, for 2014 the interest income in Atrabank. amounted to 1,139 mln manats, non-interest loss - 1,420 mln manats, respectively that by 43.94% and 25.97% similar to the totals of 2013.

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