Bank Standard’s non-performing loans amount to AZN 707M

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# 13:49
28 April 2017

According to him, the loans were classified and valued: “As at the end of March 2017 bank had 24,000 loans with the total amount of AZN 747 million. Performing loans made up AZN 40.5 million, including secured loans in the amount of AZN 33.3 million, non-performing loans – AZN 707 million, of which AZN 271.2 million were secured. Totally unsecured loans stood at AZN 442.9 million”.

 

The evaluation was conducted by KPMG international audit company. According to KPMG, liquid funds supposed to come from loans make up AZN 112.3 million. Cash funds make up AZN 21 million, receipts from loans – AZN 112 million. 

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THE OPERATION IS BEING PERFORMED