Xalg Bank ends 2016 on profit

Xalg Bank ends 2016 on profit
# 02 February 2017 13:10 (UTC +04:00)

In the fourth quarter of 2016, Xalg Bank’s assets stood at AZN 1,688,621,000, down 4.6% from previous quarter.

Bank says the loan portfolio dropped 3.83% to AZN 1,274,526,000, deposit portfolio slid 8.6% to AZN 1,098,900,000, liabilities slipped 5.82% to AZN 1,430,982,000, and the authorize capital remained unchanged at AZN 211,646,490.

Profit amounted to AZN 10,369,656.87.

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