Azerbaijan Industry Bank ends Q2 on profit

Azerbaijan Industry Bank ends Q2 on profit
  • Clock-gray 16:26
  • calendar-gray 16 July 2018

In the second quarter of 2018 Azerbaijan Industry Bank’s assets stood at AZN 1,019,677,000, up 8.99% from previous year.

 

Bank says the loan portfolio dropped 4.85% to AZN 268.198 million, deposit portfolio fell by 42.5% to AZN 865.939 million, authorized capital remained unchanged at AZN 60 million, total capital rose 3.63% to AZN 86.968 million.

 

Revenues amounted to AZN 15.562 million, expenditures to AZN 12.006 million.

 

The bank ended the second quarter of 2018 on profit of AZN 2,332,670.

 

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