Bank Melli Iran Baku’s undistributed loss reaches AZN 29M

#
# 12:37
24 July 2017

Bank Melli Iran Baku ended the first half of 2017 on profit of AZN 750,502.

 

Bank says the undistributed loss amounted to AZN 28,790,624 as of June 30, 2017.

 

Assets dropped 12.20% to AZN 87.641 million, loan portfolio declined 53.24% to AZN 4.511 million, deposit portfolio rose 13.52% to AZN 2.216 million, and liabilities slipped 48.17% to AZN 25.279 million.  

 

Authorized capital increased 43.12% to AZN 73.611 million. 

#
#

THE OPERATION IS BEING PERFORMED