NBP Baku branch ends 2017 on loss

 NBP Baku branch ends 2017 on loss
# 22 January 2018 10:54 (UTC +04:00)

In the fourth quarter of 2017, assets of the Baku branch of National Bank of Azerbaijan (NBP) stood at AZN 1.681 million, up 3.71% from previous year. Bank sais the loan portfolio dropped 9.02% to AZN 1.635 million.

 

Deposit portfolio increased 77.43% to AZN 1.184 million, liabilities surged 55.13% to AZN 1.468 million, authorized capital remained unchanged at AZN 9,420,000, total capital at AZN 10.155 million.

 

Revenues amounted to AZN 823,130, expenditures to AZN 937,130.

 

The bank ended 2017 on loss of AZN 104,910. 

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