TOP-20 banks of Azerbaijan in terms of interest expenses

Baku, Azerbaijan, Aug. 9

By Eldar Janashvili – Trend:

In the first half of 2019, International Bank of Azerbaijan ranked first in terms of interest expenses in Azerbaijan, Trend reports.

According to the bank’s audited report, the volume of interest expenses amounted to 48.31 million manats.

Kapital Bank ranked second with interest expenses of 32 million manats.

Access Bank ranked third with interest expenses of 24.3 million manats.

Top-20 banks in Azerbaijan in terms of interest expenses in 1H2019:

The total interest expenses of the 20 banks amounted to 252.74 million manats.

Follow the author on Twitter: @eldarjanashvili