Azerbaijan Industry Bank sees rise in total capital

Azerbaijan Industry Bank sees rise in total capital
  • Clock-gray 16:30
  • calendar-gray 19 April 2018

In the first quarter of 2018 Azerbaijan Industry Bank’s assets declined by 4.25% to AZN 904.996 million.

 

Bank says the loan portfolio dropped 9.4% to AZN 270.725 million, liabilities slipped 4.86% to AZN 813.283 million, deposit portfolio slid 6.74% to AZN 586.287 million, authorized capital remained unchanged at AZN 60 million, total capital increased by 1.83% to AZN 85.515 million.

 

The bank ended the first quarter on net profit of AZN 1,689,260.

 

Other news