Muganbank ends H1 on loss

Muganbank ends H1 on loss
# 18 July 2017 09:35 (UTC +04:00)

Muganbank OJSC’s assets in eth second quarter of 2017 stood at AZN 407.473 million, down 10.44% from previous year.

 

Bank says the loan portfolio dropped 4.81% to AZN 327.987 million, deposit portfolio slid 25.95% to AZN 167.475 million, liabilities went down 24.4% to AZN 343.949 million, authorized capital grew 36.36% to AZN 75 million, and total capital increased 11.68% to AZN 66,386,500.

 

Bank ended the first half of 2017 on loss of AZN 13,000,300. 

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THE OPERATION IS BEING PERFORMED