Azerbaijan Industry Bank increases liabilities

Azerbaijan Industry Bank increases liabilities
# 15 January 2018 14:28 (UTC +04:00)

Azerbaijan Industry Bank’s assets in the fourth quarter of 2017 stood at AZN 945.189 million, up 20.1% from previous year.

 

Bank says the loan portfolio rose 0.47% to AZN 298.830 million, deposit portfolio surged 45.3% to AZN 628.657 million, liabilities soared 21.7% to AZN 854.830 million, total capital grew 5.57% to AZN 83.971 million, authorized capital remained unchanged at AZN 60 million.

 

The bank ended 2017 on net profit in the amount of AZN 4,357,290.

 

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