Xalg Bank gets 38% rise in liabilities

Xalg Bank gets 38% rise in liabilities
  • Clock-gray 08:45
  • calendar-gray 26 April 2018

As of April 1, 2018 Azerbaijan-based Xalg Bank’s assets stood at AZN 2,225,631,000, up 34.07% from previous year.

 

As of April 1, 2018 bank’s loan portfolio rose 4.80% to AZN 1,332,549 million, deposit portfolio increased by 36.81% to AZN 1,489,903,000, liabilities ascended by 37.98% to AZN 1,958,807,000.

 

Revenue amounted to AZN 30,133,410, expenditures to AZN 14,322,800.

 

Authorized capital remained unchanged at AZN 225,078,600.

 

The bank ended the first quarter of 2018 on net profit of AZN 7,522,520,

 

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