Bank Melli Iran faces loss in 2016

Bank Melli Iran faces loss  in 2016
  • Clock-gray 08:32
  • calendar-gray 24 January 2017

As of January 1, 2017, Bank Melli Iran Baku’s assets stood at AZN 80,467,591, down 20.2% from previous year.

 

Bank says the loan portfolio declined 30% to AZN 7,161,775, customes accounts slid 13% to AZN 2,359,309, liabilities rose 18.03% to AZN 58,560,997, total capital decreased 57% to AZN 22,063,570, authorized capital remained unchanged at AZN 51,433,671.44.

 

Bank ended 2016 on loss in the amount of AZN 29,270,760.51. 

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