AFB Bank’s special reserves make up AZN 25M

AFB Bank’s special reserves make up AZN 25M
# 18 October 2017 11:31 (UTC +04:00)

AFB Bank’s assets in the nine months of 2017 amounted to AZN 349,500,000, up 18.49% from previous year.

Bank says the loan portfolio rose 6.23% to AZN 219.882 million, deposit portfolio surged 44.26% to AZN 143.407 million, personal savings raised 24.73% to AZN 26.176 million, and liabilities made up AZN 281.920 million.

Authorized capital remained unchanged at AZN 70.393 million.

Incomes dropped by 9.84% to AZN 23.357 million, expenditures slid by 30.96% to AZN 12.631 million.

The bank ended the nine months of 2017 on loss of AZN 11,312,329 due to the fact that it allocated AZN 25.305 million for special reserves.

#
#

THE OPERATION IS BEING PERFORMED