Azerbaijan Industry Bank sees AZN 4.2M-profit

Azerbaijan Industry Bank sees AZN 4.2M-profit
# 12 July 2017 09:17 (UTC +04:00)

Azerbaijan Industry Bank’s (ASB) assets in the first half of 2017 stood at AZN 935.523 million, up 48% from previous year.

Bank says the loan portfolio rose 26.34% to AZN 281.872 million, liabilities increased 53.89% to AZN 846.599 million, deposit portfolio ascended 65.7% to AZN 607.689 million (AZN 310.077 million makes up individuals’ deposits).

Authorized capital remained unchanged at AZN 60 million, total capital surged 3.45% to AZN 83.918 million.

Bank ended the first half of 2017 on profit of AZN 4.241 million.

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THE OPERATION IS BEING PERFORMED