Bank of Baku gets decline in liabilities

Bank of Baku gets decline in liabilities
  • Clock-gray 11:51
  • calendar-gray 30 January 2018

As of January 1, 2018, Bank of Baku’s assets stood at 399,861,000, down 27.3% from previous year.

 

Bank says the loan portfolio dropped 21.7% to AZN 197.695 million, deposit portfolio slipped 14.9% to AZN 241.742 million, liabilities slid 23.8% to AZN 363.273 million.  

 

Authorized capital stood at AZN 52.870 million, total capital dropped 3.4-fold to AZN 24.611 million.

 

The bank ended 2017 on loss of AZN 35.428 million.

 

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