CDB gets AZN 3.4 mln profit in first half of 2015

CDB gets AZN 3.4 mln profit in first half of 2015
# 22 July 2015 09:52 (UTC +04:00)

Baku - APA-Economics. As of July 1,2015, Caucasus Development Bank’s (CDB) assets stood at AZN 156.955 mln, up 18.02% from previous year.

Bank says theloan portfolio rose 17.63% to AZN 138.152 mln, deposit portfolio raised 10.32% to AZN 8.785 mln.

Total capital increased 9.47% to AZN 66,672,590, authorized capital went up 6.62% to AZN 57 mln.

In the first half, the bank’s profit amounted to AZN 3,428,300.

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