AFB Bank ends Q1 on profit

AFB Bank ends Q1 on profit
# 11 April 2017 15:32 (UTC +04:00)

As of April 1, 2017, Azerbaijan-based AFB Bank’s assets stood at AZN 317.596 million, down 15% from previous year.

 

Bank says the loan portfolio rose 12.1% to AZN 210.635 million, deposit portfolio dropped 37.1% to AZN 110.435 million, personal savings slid 67.8% to AZN 23.062 million, and liabilities fell 19.8% to AZN 235.423 million.

 

Total capital made up AZN 81,134,361, authorized capital remained unchanged at AZN 70,393,455.

 

The bank ended the first quarter on profit of AZN 875,703.87.

 

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