Bank Melli Iran Baku ends Q1 on profit

Bank Melli Iran Baku ends Q1 on profit
  • Clock-gray 08:21
  • calendar-gray 21 April 2017

Bank Melli Iran Baku’s assets in the first quarter of 2017 amounted to AZN 82.122 million, down 18.34% from previous year.  

                          

Bank says the loan portfolio dropped 43.47% to AZN 6.021 million, liabilities made up AZN 21.142 million, total capital stood at AZN 60.981 million and the authorized capital rose 43.12% to AZN 73.611 million.

 

Incomes amounted to AZN 799,000, expenditures to AZN 413,000.

 

Bank ended three months of 2017 on profit of AZN 330,000. 

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