Gunay Bank’s troubled loans declined 79 times

Gunay Bank’s troubled loans declined 79 times
# 31 October 2016 12:18 (UTC +04:00)

Baku – APA-Economics. Gunay Bank’s assets in the third quarter stood at AZN 97.568 million, up 3.13% from previous year.

Bank says the loan portfolio dropped 1.1% to AZN 88.515 million, consumption loans fell 3.4 times to AZN 77.6 million. Overdue credits slid 79 times to AZN 26,800.

Deposit portfolio rose 64.3% to AZN 22.665 million, personal savings grew 67.2% to AZN 20.834 million.

Total capital descended 18.8% to AZN 51.294 million, while the authorized capital remained unchanged at AZN 64,910,090.

Revenues increased 2.1 times to AZN 5.133 million, expenditures soared 65.3% to AZN 2.370 milion, and the loss amounted to AZN 8,381,990.

The bank operates 4 branches, 1 ATM and 4 POS-terminals across the country.

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