"Pasha Bank" received a net profit of 100 million in 6 months

"Paşa Bank" получил чистую прибыль в размере 100 млн за 6 месяцев
In the first half of this year, the net profit of "Pasha Bank" OJSC, one of the country's leading banks, amounted to 97.1 million manat.
Yeniavaz.com reports that information about this was included in the bank's financial report.
It is reported that for the first 6 months of this year, the interest income of "Pasha Bank" amounted to 204 million manat, interest expenses - 27 million manat, net interest income - 169.5 million manat. Compared to the same period last year, revenues increased by about 50 million manat.
During the reporting period, non-interest income of "Pasha Bank" amounted to 92.8 million manat, and non-interest expenses - 138.8 million manat.
In the first half of this year, the bank's deposits decreased by 280 million manats to 6 billion 726 million manats. The decrease in the deposit portfolio is associated with a decrease in deposits of legal entities in the bank - since the beginning of the year, this figure has decreased by more than 400 million manats from 5.4 billion manats to 5 billion manats.
It should be noted that 56.8% of the shares of "Pasha Bank" OJSC belong to "Pasha Holding", 28.2% to "Bless" LLC, 10% to Arif Pashayev, 5% to Mir Jamal Pashayev.