Bank Nikoil gets decline in assets

Bank Nikoil gets decline in assets
  • Clock-gray 15:25
  • calendar-gray 13 January 2017

In the fourth quarter of 2016, Bank Nikoil’s assets stood at AZN 439.726 million, down 18.13% from previous quarter of 2015.

 

Bank says the loan portfolio dropped 4.46% to AZN 340.278 million, deposit portfolio slid 21.55% to AZN 263.308 million, total capital rose 3.09% to AZN 52.280 million, authorized capital remained unchanged at AZN 184.500 million.  

 

As of January 1, 2017, the revenues slipped 7.16 times to AZN 108.169 million, expenditures declined 7.29 times to AZN 58.189 million.

 

Bank ended 2016 on loss in the amount of AZN 152.176 million.

 

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