Nikoil Bank increases total capital by 28.5%

Nikoil Bank increases total capital by 28.5%
  • Clock-gray 10:13
  • calendar-gray 12 October 2017

In the nine months of 2017, Azerbaijan-based Nikol Bank’s assets stood at AZN 410.684 million, down 23.5% from previous year.

 

Bank says the loan portfolio dropped 18% to AZN 292.124 million, deposit portfolio declined 31.8% to AZN 229.023 million, liabilities fell 25.5% to AZN 369.481 million, total capital surged 28.5% to AZN 52.599 million, and authorized capital made up AZN 184.500 million.

 

Bank ended the nine months on loss in the amount of AZN 140,060. 

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