AFB Bank gets 69% rise in assets

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# 14:39
22 January 2018

In the fourth quarter of 2017, AFB Bank’s assets stood at AZN 494.620 million, up 69$ from previous year.

 

The bank says the loan portfolio increased 12.55% to AZN 218.052 million, deposit portfolio grew 2.6% to AZN 143.407 million, liabilities surged 98.4% to AZN 428.074 million, and authorized capital remained unchanged at AZN 70,393,455.  

 

Incomes amounted to AZN 36.197 million, expenditures to AZN 18.376 million.

 

The bank ended 2017 on loss of AZN 12,185,824.68.

 

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