Bank Silk Way ends Q1 on profit

Bank Silk Way ends Q1 on profit
  • Clock-gray 08:41
  • calendar-gray 26 April 2018

In the first three months of 2018, Bank Silk Way’s assets increased by 2.7-fold to AZN 492.872 million.

 

Bank says the loan portfolio rose 10.77% to AZN 412.666 million, deposit portfolio surged 98.20% to AZN 324.785 million, personal savings soared 2.04-fold to AZN 283.371 million.

 

Liabilities went up 28.53% to AZN 363.347 million, authorized capital remained unchanged at AZN 101,544,890, total capital ascended by 10.63% to AZN 124,813,000.

 

Revenues amounted to AZN 11.553 million, expenditures to AZN 10.374 million.

 

The bank ended the first quarter of 2018 on net profit of AZN 11.679 million.

 

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