As of June 30, 2017, Azerbaijan-based NBC Bank OJSC’s overdue credits stood at AZN 12.876 million.
Bank says the loan portfolio makes up AZN 136.854 million. Share of troubled loans in the loan portfolio is 9.41% while it was 9.9% in early 2017.
Bank has lost hope for repayment of AZN 10.865 million of troubled loans.
In the structure of the troubled loans, AZN 9.277 million belonged to individuals, AZN 2.834 million to trade and service sphere.
Total capital has increased 3.46% or AZN 1.828 million since early 2017 and capital adequacy ratio declined from 36.27% to 32.79%.
Despite the bank ended the first half of 0217 on profit of AZN 1.340 million, its undistributed loss amounted to AZN 12.397 million.
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