Bank BTB ended 2020 with an operating profit of about 2 million manat. Bank BTB has announced its financial results for 2020. Last year, the Bank's revenues increased.
According to the financial statements of the Bank, in 2020, the total operating income (interest and non-interest income) of the Bank BTB amounted to 31 million 138 thousand manat, total operating expenses (interest and non-interest expenses) amounted to 29 million 194 thousand manat. formed. As the revenues exceeded the expenses, the Bank's operating profit amounted to 1,944,000 manat. The bank ended last year with a net loss of 9.13 million manat, as it allocated 11.75 million manat to create a special reserve to cover possible losses on assets.
