Bank of Baku sees decline in loan portfolio

Bank of Baku sees decline in loan portfolio
  • Clock-gray 08:33
  • calendar-gray 26 January 2017

Bank of Baku’s assets in the fourth quarter of 2016 stood at AZN 54.609 million, down 25.2% from previous year.

 

Bank says the loan portfolio dropped 48% to AZN 252.322 million, deposit portfolio slid 34% to AZN 284.042 million, liabilities slipped 26.1% to AZN 476.742 million.  

 

Authorized capital remained unchanged at AZN 52,870,000. 

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