Expressbank ends Q1 on profit

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# 09:27
30 April 2018

As of April 1, 2018, Azerbaijan-based Expressbank’s assets stood at AZN 354.706 million, up 22.05% from previous year.

 

Bank says the loan portfolio rose 10.35% to AZN 189.751 million, deposit portfolio surged 86.14% to AZN 182.168 million, liabilities soared 44.23% to AZN 212.022 million.

 

Total capital increased by 0.13.% to AZN 141,000,000 authorized capital remained unchanged at AZN 137,257,000.

 

Revenues amounted to AZN 15.731 million, expenditures to AZN 5.829 million.

 

The bank ended the first quarter of 2018 on net profit of AZN 828,000.

 

 

 

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THE OPERATION IS BEING PERFORMED