AGBank ends 2016 on loss

AGBank ends 2016 on loss
  • Clock-gray 09:39
  • calendar-gray 23 January 2017

In the fourth quarter of 2016, AGBank’s assets stood at AZN 520.003 million, up 2.6% from the third quarter of 2016.

 

Bank says the loan portfolio dropped 1% to AZN 292.227 million, liabilities rose 6% to AZN 466.199 million, deposit portfolio increased 2.6% to AZN 216.276 million, personal savings grew 8.8% to AZN 158.462 million, authorized capital stood at AZN 102.200 million.

 

Bank ended 2016 on loss in the amount of AZN 35,629,636.

 

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