Azerbaijan Industry Bank gets 15% rise in liabilities

Azerbaijan Industry Bank gets 15% rise in liabilities
  • Clock-gray 15:09
  • calendar-gray 19 January 2017

In 2016, Azerbaijan Industry Bank’s assets stood at AZN 787.179 million, up 14.02% from previous year.

 

Bank says the loan portfolio rose 76.2% to AZN 297.419 million, deposit portfolio surged 1.65% to AZN 432.708 million, personal savings slid 4.5% to AZN 336.077 million, liabilities grew 14.8% to AZN 702.526 million, total capital increased 3.02% to AZN 73.748 million, authorized capital remained unchanged at AZN 60 milion.

 

Revenues ascended 6.77% to AZN 26.606 million, expenditures soared 20.8% to AZN 18.262 million.

 

Profit amounted to AZN 3,833,200.

 

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