AFB Bank ends 2016 on profit

AFB Bank ends 2016 on profit
# 02 February 2017 08:54 (UTC +04:00)

AGB Bank’s assets in the fourth quarter of 2016 stood at AZN 300.446 million, up 2.25% from previous quarter.

Bank says the loan portfolio rose 9.8% to AZN 225.399 million, deposit portfolio dropped 2.7% to AZN 96.724 million, liabilities increased 5.6% to AZN 219.312 million and personal savings amounted to AZN 23.711 million.

Authorized capital remained unchanged at AZN 70,393,455.

Revenues made up AZN 36.342 million, expenditures AZN 13.836 million.

Profit amounted to AZN 2,554,217.34.

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