Xalg Bank sees 24% rise in liabilities

 Xalg Bank sees 24% rise in liabilities
  • Clock-gray 16:20
  • calendar-gray 16 April 2018

As of March 1, 2018 Xalg Bank’s assets stood at AZN 2,015,540, up 22.16% from previous year.

 

Bank says the loan portfolio rose 3.18% to AZN 1,303,514,000, deposit portfolio soared 7.24% to AZN 87,433,790, liabilities ascended 24.21% to AZN 1,749,375,000, and authorized capital remained unchanged at AZN 225,078,600.  

 

Revenues amounted to AZN 32,181,570, expenditures to AZN 8,909,100.

 

The bank ended the first quarter on net profit of AZN 6,009,890.

 

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