Ziraat Bank Azerbaijan gets 77% rise in assets

Ziraat Bank Azerbaijan gets 77% rise in assets
  • Clock-gray 09:27
  • calendar-gray 19 July 2018

In the second quarter of 2018, Ziraat Bank Azerbaijan’s assets stood at AZN 229,867,580, up 48.89% from previous year.

 

Bank says the loan portfolio rose 36.17% to AZN 89,562,810, liabilities grew 77.39% to AZN 162,805,000, deposit portfolio surged 1.99-fold to AZN 94,277,080, personal savings increased by 50.52% to AZN 49.137 million, authorized capital remained unchanged at AZN 50 million, and total capital ascended 4.36% to AZN 64,136,800.

 

Incomes made up AZN 8.552 million, expenditures – AZN 5.526 million.

 

The bank ended the first half of 2018 on net profit of AZN 1,137,160.

 

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