AGBank sees decline in financial performances

AGBank sees decline in financial performances
# 14 November 2016 13:03 (UTC +04:00)

Baku – APA-Economics. In the third quarter of 2016, AGBank’s assets stood at AZN 506.708 million, down 12.6% from the second quarter. APA-Economics reports the loan portfolio dropped 13.5% to AZN 295.089 million.

Overdue credits made up AZN 118.253 million, 40% of loan portfolio.

Liabilities amounted to AZN 439.993 million, deposit portfolio slid 25.6% to AZN 210.860 million, personal savings declined 1.65% to AZN 145.702 million.

Total capital descended 12% to AZN 66,814,953.

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