Bank Melli Iran Baku ends nine months on profit

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12 October 2017

Bank Melli Iran Baku’s assets in the third quarter of 2017 stood at AZN 93.670 million, up 5.32% from previous year.

 

Bank says the loan portfolio dropped 57.4% to AZN 3.626 million, liabilities slid 43.12% to AZN 30.224 million, and authorized capital rose 43.12% to AZN 73,611,171.44.  

 

Net profit in the nine months amounted to AZN 1,335,723.42.

 

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THE OPERATION IS BEING PERFORMED