PASHA Bank’s Turkey-based subsidiary ends 2016 on profit

PASHA Bank’s Turkey-based subsidiary ends 2016 on profit
# 17 February 2017 08:49 (UTC +04:00)

As of January 1, 2017, PASHA Bank’s Turkery-based subsidiary PASHA Yatirim Bankasi’s assets stood at TRY 513,357,000 or AZN 241,194,718, up TRY 187,952 (AZN 88,826) or 58.3% in comparison to a year earlier.

 

Bank says the loan portfolio rose 64.3% to TRY 403,870,000 or AZN 190,869,000, interest incomes made up TRY 37,226,000 or AZN 17,593,000 and interest expenditures – TRY 6,714,000 or AZN 3,173,000.

 

Bank ended 2016 on profit in the amount of TRY 14,005,000 or AZN 6,619,000.

 

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