Muganbank ends Q1 on loss

Muganbank ends Q1 on loss
  • Clock-gray 13:56
  • calendar-gray 24 April 2018

As of April 1, 2018 Azerbaijan-based Muguanbank’s assets stood at AZN 422.094 million, down 9.29% from previous year.

 

Bank says the loan portfolio increased by 1.87% to AZN 342.336 million, liabilities ascended by 5.11% to AZN 422.094 million, authorized capital amounted to AZN 85 million, total capital - to AZN 68.683 million.

 

The bank ended the first quarter of 2018 on loss of AZN 1,824,180.

 

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