Bank Of Baku

NBC Bank sees decline in profit

NBC Bank sees decline in profit
# 01 November 2010 07:46 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. As of October 1, 2010, Azerbaijan-based NBC Bank’s assets stood at AZN 47.594 mln, down 3.5% compared with a year ago.

Bank says the loan portfolio decreased by 0.4% to AZN 40.375 mln, consumer lending by 1.6% to AZN 35.886 mln. Deposit portfolio extended by 2.5 times to AZN 8.970 mln, population’s deposit reached AZN 7.995 mln.

Total capital slid 5.2% to AZN 17.283 mln, authorized capital rose 3.03% to AZN 16.071 mln.

Income made AZN 6.788 mln during the same period, down 4.6% from year earlier. Expenditure raised 20% to AZN 6.702 mln. Profit decreased by 17.5 times to AZN 86.43 thousand.

Staffs remained unchanged at 147, average monthly salary grew 68% to AZN 616.

NBC Bank has been in existence since 1992. The bank operates 7 branches, 6 ATMs and 46 POS-terminals across the country.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED