AMF gets 42% rise in profit

AMF gets 42% rise in profit
  • Clock-gray 13:41
  • calendar-gray 15 March 2017

In 2016 Azerbaijan Mortgage Fund’s revenues stood at AZN 22,095,000, up 11.59% or AZN 2,294,000 from 2015.

 

Profit increased AZN 2,259,000 or 41.83% to AZN 7,659,000, liabilities dropped AZN 6,099,000 or 17.44% to AZN 343,881,000, capital grew AZN 58,164,000 or 19.98% to AZN 349,244,000, debt liabilities slipped AZN 6,124,000 or 17.82% to AZN 337,557,000.

 

AMF forecasts its revenues at AZN 25 million this year.

 

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