Xalg Bank ends Q1 on profit

Xalg Bank ends Q1 on profit
# 25 April 2017 08:21 (UTC +04:00)

As of April 1, 2017 Azerbaijan-based Xalg Bank’s assets stood at AZN 1,660,070,000, down 0.51% from previous year.

 

Bank says the loan portfolio dropped 1% to AZN 1,261,913,000, deposit portfolio slid 0.9% to AZN 1,089,051,000, liabilities slipped 0.8% to AZN 1,419,657,000, total capital rose 1.2% to AZN 238,728,731.3, and authorized capital remained unchanged at AZN 211,646,490.

 

Bank ended the first quarter on profit of AZN 598,230.
 

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