AGBank ends Q2 on loss

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26 July 2018

As of July 1, 2018 AGBank’s assets stood at AZN 487.791 million, down 2.96% from previous year.

 

Bank says the loan portfolio declined by 7.34% to AZN 263.612 million, deposit portfolio dropped by 1.76% to AZN 164.807 million, personal savings grew by 2.84% to AZN 164.807 million, liabilities slid by 1.27% to AZN 444.595 million, authorized capital surged by 1.17% to AZN 103.400 million, total capital slipped by 16.58% to AZN 41.952 million.

 

Revenues amounted to AZN 23.775 million, expenditures to AZN 26.829 million.

 

The bank ended the second quarter on loss of AZN 5,139,000.

 

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