Bank Respublika ends H1 on loss

Bank Respublika ends H1 on loss
# 24 July 2017 08:38 (UTC +04:00)

Azerbaijan-based Bank Respublika ended the first half of 2017 on loss of AZN 583,000.

 

Bank says the as of June 30, 2016, the loss amounted to AZN 15.747 million. So, as at the end of the second quarter of 2017, the loss declined AZN 15.164 million.   

 

 

Assets dropped 13.26% to AZN 779.396 million, loan portfolio slid 7.39% to AZN 229.336 million, troubled loans amounted to AZN 27.926 million, while it was AZN 48.559 in the reporting period of 2016. Share of troubled loan in the loan portfolio makes up 11.38%.  

 

Deposit portfolio slipped 17.84% to AZN 470.563 million, personal savings fell 2.31% to AZN 197.131 million, liabilities descended 14.68% to AZN 732.503 million.

 

Total capital increased 1.49% to AZN 51.364 million.

 

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THE OPERATION IS BEING PERFORMED