Bank Silk Way ends 2017 on profit

Bank Silk Way ends 2017 on profit
  • Clock-gray 13:07
  • calendar-gray 30 January 2018

As of January 1, 2018, Azerbaijan-based Bank Silk Way OJSC’s assets stood at AZN 480.383 million, up 18.9% from previous year.

 

Bank says the loan portfolio rose 9.9% to AZN 424.028 million, deposit portfolio surged 42.2% to AZN 241.813 million, personal savings soared 28.9% to AZN 201.233 million, total capital increased by 6.7% to AZN 124,292,540, and the authorized capital ascended 3.01% to AZN 104,601,420.  

 

As of January 1, 2018, the incomes grew 1.66% to AZN 43.856 million, expenditures amounted to AZN 11.751 million.

 

The bank ended 2017 on profit of AZN 1,600,480.

 

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