Bank VTB Azerbaijan gets 17% rise in assets

Bank VTB Azerbaijan gets 17% rise in assets
# 15 November 2016 11:58 (UTC +04:00)

Baku – APA-Economics. As at the end of the third quarter of 2016, Bank VTB Azerbaijan’s assets stood at AZN 431.934 million, up 16.75% from previous year.

Bank says the loan portfolio rose 1.98% to AZN 319.828 million, liabilities increased 21.69% to AZN 395.028 million, deposits soared 23.76% to AZN 57.994 million, deposits of other banks made up AZN 119.515 million.

Authorized capital remained unchanged at AZN 50.815 million, total capital declined 18.6% to AZN 36,905,250.

Retained net loss amounted to AZN 15,512,350. Total reserves make up AZN 1,602,590.

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