IBA gets decline in liabilities

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# 10:58
16 April 2018

In the first quarter of 2018, International Bank of Azerbaijan’s assets reached AZN 8,403,162,000, down 3.35% from late 2017.

 

Bank says the loan portfolio dropped 6.38% to AZN 1,670,399,000, deposit portfolio fell 17.39% to AZN 4,258,827,000, liabilities declined by 5.66% to AZN 7,307,718,000, and total capital made up AZN 634,134,000.

 

The bank ended Q1 on net profit of AZN 139,895,000.

 

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