NBC Bank sees 23% rise in liabilities

NBC Bank sees 23% rise in liabilities
# 11 October 2017 11:15 (UTC +04:00)

In the third quarter of 2017, Azerbaijan-based NBC Bank’s assets stood at AZN 171.815 million, up 16.5% from previous year.

 

Bank says the loan portfolio increased 2.7% to AZN 127.934 million, deposit portfolio dropped 20% to AZN 71.331 million, liabilities surged 23% to AZN 115.891 million.

 

Revenues amounted to AZN 13.008 million, expenditures to AZN 9,061,000.

 

Profit for nine months stood at AZN 2,485,000.

 

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