Central bank’s profit declines 14-fold

Central bank’s profit declines 14-fold
# 04 May 2017 14:54 (UTC +04:00)

As for structure of the assets, the cash funds made up AZN 5,885,213,000 (+1.7%), investments in investment securities – AZN 10,522,619,000 (+2.8-fold), investments in trading securities – AZN 4,212,232,000 (+50.3%).  

 

As of January 1, 2017 loans given to non-residents amounted to AZN 4,061,362,000 (-30.1%).

 

As at the end of previous year, the liabilities reached AZN 19,691,594,000 (+46.3%). Banknotes and coins amounted to AZN 6,960,778,000, short-term deposits of resident banks - to AZN 5,922,278,000, liabilities to government departments – to ZN 2,697,269,000, liabilities to credit institutions – to AZN 3,225,104,000.

 

Authorized capital remained unchanged at AZN 500,000,000, total capital increased 7.4% to AZN 5,872,469,000.

 

Net profit dropped 13.8-fold to AZN 401.664 million. The bank ended 2015 on profit in the amount of AZN 5,531,120,000. 

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