AGBank’s undistributed profit exceeds AZN 62M

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# 12:30
14 July 2017

In the first half of 2017, AGBank’s assets stood at AZN 502,653,410, down 13.30% from previous year.

 

Bank says the loan portfolio dropped 16.60% to AZN 284,489,200, deposit portfolio slid 21.39% to AZN 222,695,740, personal savings raised 8.17% to AZN 160,260,000, liabilities slipped 10.63% to AZN 450,324,880, and authorized capital made up AZN 102.2 million.

 

The bank ended the first half of 2017 on loss of AZN 575,430,000. If we take into account that the net loss of previous year made up AZN 60,491,070, the undistributed profit reached AZN 62,066,500. 

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