Gunay Bank increases assets by 53%

Gunay Bank increases assets by 53%
# 18 April 2018 14:42 (UTC +04:00)

As of April 1, 2018 Azerbaijan-based Gunay Bank’s assets stood at AZN 191.807 million, up 53.90% from previous year.

Bank says the deposit portfolio increased by 2.6-fold to AZN 89.475 million, loan portfolio soared 1.65% to AZN 146.347 million, liabilities ascended by 98.18% to AZN 130.242 million, total capital grew 4.85% to AZN 61.541 million, authorized capital remained unchanged at AZN 64,910,090.

Revenues amounted to AZN 2,983,830, expenditures to AZN 1,657,470.

The bank ended the first quarter on net profit of AZN 1,266,650.

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