Baku. Elnur Huseynguluyev – APA-Economics. As of April 1, 2010, Azerbaijan-based Nikoil Bank’s assets stood at AZN 198,011 mln, down 31.5% compared with a year ago.
Bank says deposit portfolio down by 0.4% to AZN 54,771 mln. Including population’s deposit made AZN 174,479mln. Loan portfolio 14.3% decreased to AZN 138.897 mln, consumption loan fell 26% to AZN 60.742 mln. The total capital dropped 3.7% to AZN 29.877 mln and authorized capital remained unchanged at AZN 22.500 mln.
Revenue down by 39% to AZN 6.926 mln, expenditure 28% decreased to AZN 6.846 mln. Profit fell by 22.5 times to AZN 0.080 mln.
Nikoil Bank has been in operation since 1997. Bank operates 13 branches, 24 ATMs and 60 POS-terminals.
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