Azer-Turk Bank ends 2016 on profit

Azer-Turk Bank ends 2016 on profit
# 30 January 2017 13:50 (UTC +04:00)

Azer-Turk Bank’s assets in 2016 stood at AZN 475.794 million, down 29.2% from previous year.

 

Bank says the loan portfolio dropped 46.3% to AZN 150.162 million, consumer lending slid 1.53% to AZN 31.453 million, deposit portfolio rose 10.3% to AZN 267.977 million, personal savings slipped 23.1% to AZN 135.954 million, liabilities descended 33% to AZN 414.904 million.

 

Total capital grew 13% to AZN 57.684 million, authorized capital remained unchanged at AZN 50 million.

 

Bank ended 2016 on profit in the amount of AZN 7,337,820.

 

 

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