Bank of Baku ends H1 on loss

Bank of Baku ends H1 on loss
# 31 July 2017 10:29 (UTC +04:00)

Bank of Baku OJSC’s loss in the first half amounted to AZN 26.041 million.

Bank says the loss made up AZN 14.397 million in the second quarter.

Assets declined 19.14% to AZN 474.885 million, loan portfolio slipped 35.85% to AZN 209.828 million, deposit portfolio dropped 0.54% to AZN 304.435 million, liabilities decreased 18.10% to AZN 428.030 million.

Authorized capital remained unchanged at AZN 52.870 million, capital adequacy ratio at 12.68%.


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