NBC Bank gets 47% rise in liabilities

NBC Bank gets 47% rise in liabilities
# 12 April 2018 15:40 (UTC +04:00)

In the first quarter of 2018, NBC Bank’s assets stood at AZN 221.879 million, up 34.3% from previous year.

Bank says the loan portfolio rose 30.4% to AZN 164.628 million, overdue credits dropped 10.74% to AZN 12.309 million, deposit portfolio slid 23.65% to AZN 82.529 million, liabilities advanced 46.7% to AZN 164.255 million, total capital increased by 8% to AZN 57.446 million, and authorized capital remained unchanged at AZN 64 million.

Revenues amounted to AZN 4.613 million, expenditures to AZN 3.938 million.

The bank ended the first quarter on net profit of AZN 818,100.

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