Bank of Baku sees decline in assets

Bank of Baku sees decline in assets
# 28 October 2016 09:53 (UTC +04:00)

Baku – APA-Economics. Bank of Baku’s assets in the third quarter of 2016 stood at AZN 549.542 million, down 22.03% from previous year.

Bank says the loan portfolio dropped 41.6% to AZN 287.633 million, deposit portfolio slid 24.5% to AZN 293.861 million, liabilities fell 15.7% to AZN 498.990 million.

Total capital slipped 46.2% to AZN 60.117 million, while the authorized capital remained unchanged at AZN 52,870,000.

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