Xalg Bank sees 14% decline in personal savings

Xalg Bank sees 14% decline in personal savings
# 17 October 2017 08:42 (UTC +04:00)

As of September 30, 2017 Azerbaijan-based Xalg Bank’s assets stood at AZN 1,805,244,000, up 3.2% from previous year.

Bank says the loan portfolio dropped by 2.21% to AZN 1,285,399,000, liabilities increased 2.17% to AZN 1,551,831,000, deposit portfolio declined by 1.33% to AZN 1,186,445,000, personal savings slid by 14.08% to AZN 774.746 million.

Authorized capital rose by 6.35% to AZN 225,078,600, total capital grew 10.75% to AZN 251,843,610.

Undistributed net profit amounted to AZN 13,627,280. The bank ended the quarter on profit of AZN 13,124,660.

Bank’s total reserves make up AZN 14,707,304.

#
#

THE OPERATION IS BEING PERFORMED