Azerbaijan Industry Bank faces AZN 2 mln loss in first quarter

Azerbaijan Industry Bank faces AZN 2 mln loss in first quarter
# 27 April 2015 07:45 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. Azerbaijan Industry Bank’s assets in he first quarter of 2015 stood at AZN 544.608 mln, up 42% from previous year.

Bank says the loan portfolio rose 40.28% to AZN 176.811 mln, deposit portfolio raised 49.16% to AZN 329.163 mln, personal savings increased 3.07 times to AZN 197.527 mln.

Total capital grew 3.61% to AZN 65,439,353, authorized capital remained unchanged at AZN 60 mln.

Loss made AZN 1,960,181.

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