Expressbank triples expenditures

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# 13:51
30 October 2017

As of October 1, 2017 Azerbaijan-based Expressbank’s assets stood at AZN 290.528 million, up 2.88% from previous year.

 

Bank says the loan portfolio dropped 18.65% to AZN 165.744 million, consumption loans grew 21.44% to AZN 73.315 million, deposit portfolio surged 62.66% to AZN 129.326 million, and personal savings soared 15.74% to AZN 76.250 million.

 

Total capital increased 3.3% to AZN 139 million, authorized capital remained unchanged at AZN 137.257 million.

 

Revenues fell 18.97% to AZN 29.491 million, expenditures tripled to AZN 75.770 million.

 

Profit amounted to AZN 828,000.

 

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